Deep aid cuts show cash transfers have never been more urgent | Devex

The speed of the cuts to the U.S. Agency for International Development is probably the most significant shock wave to hit the sector since the start of official “Overseas Development Assistance” was classified in 1969. They are part of a wider trend — including cuts from the United Kingdom and many European donors — pushing us all to reevaluate the way forward. […]

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Cash transfers should be the default, not just the benchmark

Cash transfers are one of the most rigorously studied anti-poverty interventions to date and the evidence that they work is overwhelming. You’ve likely seen years’ worth of studies covering the impact of cash on everything from maternal and child mortality to new business creation to violence reduction. The unprecedented scale-up of government cash responses to the COVID-19 pandemic provided even more evidence of its usefulness […]

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