Skyrocketing Military Spending Undermines Development Aid to World’s Poor

By Thalif Deen
UNITED NATIONS, Jan 5 2026 (IPS)

The statistics are staggering: while military spending keeps skyrocketing, Official Development Assistance (ODA)– from the rich to some of the world’s poorer nations– has been declining drastically.

According to a Fact Sheet released by the UN last week, the $2.7 trillion allocated in just one year (2024) to global military spending amounted to $334 for every person on the planet; the size of the entire Gross Domestic Product...