Germany plans billions in cuts to development, humanitarian aid →

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A recently released draft budget spells out nearly €1 billion in cuts to the Federal Ministry for Economic Cooperation and Development, or BMZ, from €11.22 billion ($12.36 billion) this year to €10.28 billion in 2025. The proposed cuts to humanitarian aid are even more drastic, with plans to slash spending by more than 50% — from €2.23 billion in 2024 to €1.04 billion next year. Read more.