Long Story Short

In the latest episode of Devex’s podcast, we reflect on the World Bank annual meetings that took place in Marrakech, Morocco last week, and what reforms need to be made if the institution is to drive meaningful transformation in global development. We discuss our exclusive story on the United States’ decision to freeze the delivery of thousands of metric tons of wheat to hungry Yemenis in order to pressure Houthi rebels to ensure the neediest get fed. We also dig into a study by AidWatch, which found that more than 22% of official development assistance declared by European Union countries last year was not real aid spent abroad, with spending going to hosting foreign students and Ukrainian refugees. We also reported that the pharmaceutical industry is unhappy with the latest pandemic treaty draft due to the inclusion of intellectual property waivers in the text. Meanwhile, access advocates say the language around equity and intellectual property remains vague and weak on enforcement. For this week’s epis