Wavel Ramkalawan

Torn down by growing debt and a barrage of crises, leaders of the world's poorest countries have stepped up calls for the rules governing handouts of billions of dollars to be rewritten.

Western nations gave out more than $185 billion in grants and cheap loans in 2021, according to the OECD. Official development assistance is one of the pillars of the international financial system.

Tired of mounting debt and multiple crises, leaders of the world's poorest countries have called for a rewrite of the rules governing the granting of billions of dollars.