The value of cash transfers, and USAID's budget boost

The value of cash transfers, and USAID's budget boost

Last week we were the media partner at the Global Inclusive Growth Summit hosted by the Mastercard Center for Inclusive Growth. The conference focused on how access to financial services are key to helping drive global development in low- and middle-income countries.


During one of the events, Barbados Prime Minister Mia Mottley stressed the importance of debt restructuring in order to help low- and middle-income countries overcome health and climate change challenges. We discuss the value of cash transfers for building resilience to crises by providing money to those in need quickly and efficiently, as well as how they can help increase financial inclusion globally.

We also published a story on Grant Assistant, an AI tool supporting its users in the writing grant applications. From speeding up the process of navigating the paperwork to helping local and smaller organizations access USAID grants, we discuss the tool’s potential impact on the global development sector.


This week, the U.S. Congress passed a bill, which would unlock around $9.2 billion in humanitarian aid. We contemplate what this means for USAID and where the money could go.


To dig into these stories, Devex Managing Editor Anna Gawel sits down with Yolande Wright, vice president of partnerships at GiveDirectly, and Devex Senior Reporter Michael Igoe for the latest episode of our weekly podcast series.


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The fight over $7.5B in expiring aid and a rejected State Department grant

The fight over $7.5B in expiring aid and a rejected State Department grant

We recently reported that roughly $7.5 billion in international affairs funding is set to expire by the end of this month. In a letter, more than 100 U.S. lawmakers have urged the State Department to ...

3 Sep 26min

The water sector’s funding challenge and Asia’s philanthropy push

The water sector’s funding challenge and Asia’s philanthropy push

At World Water Week in Stockholm, financing took center stage ahead of the U.N. Water Conference in Abu Dhabi this December. The annual gathering saw around 2,000 participants discuss water governance...

27 Aug 30min

Special edition: Rethinking the housing crisis

Special edition: Rethinking the housing crisis

What if housing finance could help solve today's biggest challenges? In this special episode, Habitat for Humanity’s Jacqueline Innocent reveals why housing is an upstream catalyst for health, educati...

25 Aug 27min

Famine reporting goes dark in 3 crisis zones, and COP31’s critical test

Famine reporting goes dark in 3 crisis zones, and COP31’s critical test

Afghanistan, Somalia, and Yemen, three of the world’s most hunger-prone nations, were removed from the latest reporting by the Famine Early Warning Systems Network — a U.S.-based data and monitoring s...

20 Aug 28min

Inside the State Department’s historic pivot to faith-based organizations

Inside the State Department’s historic pivot to faith-based organizations

In this episode of This Week in Global Development, Business Editor David Ainsworth sits down with Senior Reporters Michael Igoe and Sara Jerving to discuss the U.S. State Department’s announcement to...

13 Aug 29min

Special edition: Are jobs for youth development's silver bullet?

Special edition: Are jobs for youth development's silver bullet?

In this week’s special edition episode of the This Week in Global Development podcast, sponsored by the International Youth Foundation and the Caterpillar Foundation, we examine how shifting labor mar...

12 Aug 41min

Tracking the real-world impacts of US foreign aid cuts

Tracking the real-world impacts of US foreign aid cuts

This week, we discuss The Aid Report, a project supported by a media grant from the Gates Foundation to track the real-world impacts of U.S. foreign aid cuts. Over the past couple of months, the initi...

29 Juli 36min

The new era of US and European foreign assistance

The new era of US and European foreign assistance

This week we look back at the last 18 months of U.S. foreign assistance — a period defined by the dismantling of USAID and the absorption of foreign aid strategy into the State Department. We break do...

22 Juli 30min

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