News Summary

• The model of financing public accountability in developing countries through grants has started to collapse.
• Aid from OECD donors fell by 23.1% in real terms in 2025, the largest annual drop ever recorded.
• Every proposal for making global finance more sustainable and equitable depends on citizens who can read a debt-sustainability analysis and force a minister to answer for it.
• The Sevilla Commitment calls for strengthening parliamentary oversight of debt, independent audit institutions, and civil society’s role in exposing illicit financial flows.