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International Business Times
International Business Times
Science

DARK SECRETS: Public or private funding debate splits reeling aid sector | Vintage Vibes

Spanish Prime Minister Pedro Sanchez addresses the UN's 4th International Conference on Financing and Development on June 30, 2025 (Credit: AFP)

As cuts by rich donors decimate aid budgets for the world's most vulnerable, private financing has been touted as the sector's saviour -- but not everyone is convinced.

The United Nations puts the annual funding deficit for aid at more than $4 trillion, with chilling consequences for health, education and humanitarian programmes in the poorest countries.

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