Overseas Aid (Private Sector Contracts)
Debate between Damian Hinds and Justine Greening(11 years, 8 months ago)
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Damian Hinds (East Hampshire) (Con)
Does my right hon. Friend agree with the business leaders who are quoted in today’s Financial Times as saying that the prospects of the world’s poorest people are increasingly being defined by what businesses do, alongside the established work of Governments? Cannot private sector development simultaneously help those people, and economies throughout the rest of the world—including our own—through specialisation, trade and economic growth?
Justine Greening
The short answers to that question are yes and yes. As was pointed out in the Financial Times, aid and business constitute a crucial alliance, which we must try to bind more closely.