International Funding

Debt service payments by developing countries have soared by $74 billion in a single year, from $847 billion to $921 billion.

Meanwhile, UNHCR alongside partners is working to address the urgent needs of those arriving – food, water, shelter, protection. However its programmes are also under severe strain due to limited funding.

Meanwhile, the de facto authorities have conveyed grievances around frozen assets, sanctions, non-recognition, the need for greater development assistance, and an end to aid dependency.

I wasn’t just de-linked from my role—I was cut off from my health insurance, my professional identity, my community, and the safety net I thought I’d built after a lifetime of service.

A core feature of the initiative includes $40 million in World Bank Group guarantees in the first phase. This will help reduce risks for private investors and energy producers.

The pilot in Galle is seen as a potential blueprint for nationwide replication, with implications for addressing water inefficiencies throughout Sri Lanka. If successful, it could also serve as a model for other countries in the region facing similar challenges.

The commitments mark a key milestone in WHO’s ongoing Investment Round, a critical drive to secure sustainable financing and strengthen the organisation’s capacity to respond to global health needs.

Retrenchment is the dominant theme on both sides. However much the West and China may wish to compete for the Global South’s affections, the constraints of their respective political economies limit their offer.