Oral Answers to Questions
Debate between Damian Hinds and Stephen Doughty(3 weeks, 3 days ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
The Minister of State, Foreign, Commonwealth and Development Office (Stephen Doughty)
This Government are resolutely committed to development, but we recognise that we must do it differently. We will ensure that the aid budget delivers value for money and has impact globally. Supporting and growing economies will be at the heart of how we spend ODA going forward, and further decisions on the ODA budget, including specific programmes, are subject to the spending review and resource allocation processes.
Damian Hinds
These severely constrained budgets call for thinking smarter, not simply smaller, so what work are the Government doing with the World Bank and other international institutions to make sure that UK development spend is fully leveraged so that every penny is as effective as possible?
Stephen Doughty
The right hon. Member raises a very important point, and we of course continue to engage closely with our partners at the World Bank and other multilateral development institutions. Multilateral co-operation allows a global scale of investment and delivery that outstrips what countries can achieve alone. We are also looking at other ways, including through the important work of British International Investment and other bodies, so we are going to look across the board and multilaterally to increase our impact.