The International Committee of the Red Cross (ICRC) will impose deep cuts to its operations in 2026, slashing almost one-fifth of its annual budget and shedding 2,900 jobs as global donors retreat from humanitarian financing.

“We face a dangerous convergence of escalating armed conflicts, significant cuts to aid funding and a systemic tolerance for grave breaches of international humanitarian law,” ICRC President Mirjana Spoljaric said in a statement on Friday.

The organisation confirmed that its spending will fall to $2.2bn, warning that the wider aid sector is facing a “financial crisis of unprecedented proportions”.

A spokesperson said the United States remains the ICRC’s largest donor but has reduced its contributions this year, mirroring funding drops from other traditional b

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