Friday, January 20, 2017

Why Brexit is the perfect opportunity to drop our aid target

Why Brexit is the perfect opportunity to drop our aid target

Daniel Mahoney, CapX
   For all the criticism, the Department for International Development is one of the most effective Government departments. Nevertheless, Dfid’s pledge to spend 0.7 per cent of the UK’s GNI on foreign aid has seen it throwing money at questionable projects and investing in opaque partnerships. With the UK soon to reclaim its development budget from the EU, the Government has to decide whether sticking to this arbitrary target is the best way to reduce poverty worldwide.