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Friday, 01 February 2013

UK MPs: Aid money to go through NGOs, not the EU

UK MPs argue that the 40% of the official development assistance (ODA) budget for 2012, which is channeled through international organizations as the World Bank and the EU, might not have the expected results, given the lack of effectiveness of the institutions in allocating the money. Instead, they asked the Department for International Development (DfID) to cut red tape and make it easier for NGOs and civil society groups to receive and make use of such funds.
Moreover, British MPs  said on Thursday 31 January that the expected growth of the official development assistance (ODA) budget for 2012, to reach the UN target of 0.7% of GNI is putting pressure on the Department for International Development (DfID) to make poor spending decisions.
"The department should be prepared to miss aid targets where there are delays or cancellations to its planned projects and it does not have good value alternatives.", Malcolm Bruce, chair of the international development committee said.
The MPs discussed also about setting up a development bank, which would not put pressure on the DfID to spend the money by the end of the year.


Source: The Guardian