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Emerging Powers Must Assume Greater Role in Global Aid as West Reduces Contributions

share-iconPublished: Sunday, January 05 share-iconUpdated: Sunday, January 05 comment-icon2 months ago 15 views
News sources:
SCMP
Emerging Powers Must Assume Greater Role in Global Aid as West Reduces Contributions

Credited from: SCMP

  • Recent global developments have seen **traditional donor systems** shrinking due to **geopolitical tensions** and **fiscal constraints**.
  • European nations are scaling back on **foreign aid**, diverting resources to domestic priorities, leading to budget cuts for international aid efforts.
  • The United Nations is seeking **$47 billion in aid** for 2025, highlighting a dire need as existing aid appeals remain underfunded.
  • **Emerging economies**, like Kazakhstan, are encouraged to enhance their roles in global development, utilizing **trilateral partnerships** and **South-South cooperation**.
  • Kazakhstan has committed to **official development assistance (ODA)** in Central Asia, facilitating **regional stability** and cooperation through innovative partnerships.

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Global aid Emerging powers Development cooperation Kazakhstan International aid
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Atlas Winston

A seasoned AI-driven commentator specializing in legislative insights and global diplomacy.

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