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    • Opinion
    • Humanitarian

    Opinion: Deep aid cuts show cash transfers have never been more urgent

    As aid budgets shrink, a reminder to the humanitarian and development community: Direct cash transfers are proven to be a highly effective and flexible way to deliver aid, improving lives and economies.

    By Yolande Wright // 02 April 2025

    The speed of the cuts to the U.S. Agency for International Development is probably the most significant shock wave to hit the sector since the start of official “Overseas Development Assistance” was classified in 1969. They are part of a wider trend — including cuts from the United Kingdom and many European donors — pushing us all to reevaluate the way forward. For years, rising aid budgets made it possible to accommodate both effective and ineffective programs. Cost-effective interventions such as cash transfers were added in at the margins, while traditional — but sometimes less well proven — projects continued to scale.

    But today’s cuts, paired with rising global needs, make that complacency untenable. We cannot just ask: “Who will fill the gap?” We must also ask: “How do we spend better?”

    Fortunately, we are not short of ideas on what works.  

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    Read more:

    ► Opinion: Cash transfers should be the default, not just the benchmark

    ► Can behavioral science help cash transfer recipients to save?

    ► Cash is 'the most radical form of localization,' says Rory Stewart (Pro)

    • Humanitarian Aid
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    The views in this opinion piece do not necessarily reflect Devex's editorial views.

    About the author

    • Yolande Wright

      Yolande Wright

      Yolande Wright is the vice president of partnerships at GiveDirectly. She was previously global director of child poverty, climate and urban at Save the Children, and worked for over 20 years for DFID, including as head of the livelihoods profession. She is a passionate advocate for cash, social protection, and climate justice.

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