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Opinion: The integrity of aid statistics must be protected

At a time of deep economic and social crisis, Official Development Assistance (ODA) is a unique source of development finance that can have a direct positive impact on the eradication of poverty and inequalities at multiple levels. Despite the Development Assistance Committee’s mandate to ensure the quality and integrity of ODA statistics, agreements reached thus far have mostly gone in the opposite direction and are negatively affecting the quality and quantity of ODA flows reaching countries in the global south.

This opinion piece was first published by Devex.

Read the opinion piece here.

News & analysis

CSOs call on G7 to bring an end to the IMF's harmful surcharge policy

IMF surcharges are a system of fees on loans from this institution which places an unfair burden on vulnerable countries that are in need of financial support. In advance of the G7 meeting, 38 organisations published a joint statement urging these leaders to take action to support the global economy by eliminating the IMF’s harmful surcharge policy.

Read the statement here.

Sign-on letter in response to discriminatory incident at Eurodad / Counter Balance EDDs event

Our director, Jean Saldanha, was subject to aggressive behaviour at our joint event at the EDDs this June. Please stand in solidarity with Eurodad and our director, by signing-on to this letter calling for the EU to address this systemic issue, and to prevent such behaviour and redress it when it occurs.

Sign the letter here.

Towards increased quality and integrity of ODA in the context of Private Sector Instruments and Special Drawing Rights

The DAC Working Party on Development Finance Statistics (WP STAT), which is responsible for the quality and integrity of ODA statistics met this week. Ahead of this meeting 19 CSOs, including Eurodad, signed a letter with joint recommendations towards increased quality and integrity of ODA in the context of Private Sector Instruments and Special Drawing Rights.

Read the recommendations here.

Useful resources

Illustrated Guide to Inflation, Monetary Policy and Human Rights

by Inesc - Institute for Socioeconomic Studies

What is Monetary Policy and what does it have to do with human rights? What is the role of the Central Bank in our lives? Are there better solutions for controlling inflation than raising interest rates? The answers to these and other questions about the impact of economic measures on the lives of Brazilians can be found in the pages of the Illustrated Guide to Inflation, Monetary Policy and Human Rights.

Read the guide here (available in Portuguese only).

This newsletter has been produced with co-funding from the European Union, Bread for the World and Norad. The contents of this publication are the sole responsibility of Eurodad and can under no circumstances be regarded as reflecting the position of the funders.