“Rich nations need to do much more to overcome global poverty, the aid agency Oxfam says in a report.
In real terms, the aid budgets of rich countries are half what they were in 1960, the charity claims.
Oxfam also says that that poor countries are paying back $100m a day in debt repayments.

In 2003, the average aid budget of wealthy countries was just 0.25% of national income, and just 0.14% for the US.” (BBC)