Overview
- The wealth of the world’s top 1% has increased by over $33.9 trillion in real terms since 2015.
- That gain equals 22 times the resources needed to lift everyone above $8.30 a day.
- G7 countries plan to cut public development aid by 28% in 2026 compared to 2024, risking vital poverty relief programs.
- Sixty percent of low-income nations are on the brink of bankruptcy, driven by punitive debt servicing and outsized exposure to private creditors.
- Oxfam is calling on governments to reverse rising inequality and fundamentally rethink the global development financing system.