This week we delve into the key trends that have shaped the global development landscape. From the impact of declining aid budgets in high-income countries to Donald Trump’s reelection, we examine how these forces are influencing the sector and consider their implications for the year ahead.

We also explore the potential of cash transfers to revolutionize the aid sector and challenge the traditional global financial architecture.

In the United States, a landmark bill is poised to significantly expand the reach of the Millennium Challenge Corporation, potentially enabling the agency to operate in middle-income countries for the first time.

To look back at 2024 and to dig into these stories, Devex President and Editor-in-Chief Raj Kumar sits down with Yolande Wright, vice president of partnerships at GiveDirectly, and Devex Senior Business Editor David Ainsworth for the latest episode of our weekly podcast series.

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