Overview
- Tom Fletcher, the UN’s top humanitarian official, said the conflict is burning about $2 billion per day and contrasted it with a $23 billion plan to reach 87 million people.
- He said his agency’s budget has been cut by about 50% as donor governments shift money toward defense and domestic priorities.
- He warned that higher oil prices are pushing food and fuel inflation toward 20% in vulnerable economies, risking deeper poverty in sub-Saharan and East Africa.
- The World Bank now projects India’s growth at 6.6% in FY27, based on an assumption that oil and gas supplies stay disrupted through the end of 2026.
- Fletcher cautioned that violent language from President Donald Trump encourages attacks on civilians and erodes respect for international law.