Oral Answers to Questions

Dan Carden Excerpts

Thursday 6th June 2019 Commons Chamber

[The Minister of State, Department for International Development (Harriett Baldwin)]

It sounds like a wonderful opportunity to meet representatives of HUGS in my hon. Friend’s constituency. As the Secretary of State said, we do have a small charities challenge fund, and we need to make it easier for small charities such as HUGS to be able to access some of that funding. I would be more than happy to meet my hon. Friend’s constituents.

[Dan Carden (Liverpool, Walton) (Lab)]

May I start by saying how much I am enjoying following the Secretary of State’s novel approach to his party’s leadership contest? He certainly stands out in a field of populists, potty mouths and parliamentary proroguers. I also know that if I do not get satisfactory answers today, I can find him on the high street, at a botanical garden or at #rorywalks. Some of his fellow leadership contenders have called for his Department to be scrapped and the aid budget to be slashed, and his predecessor said that spending 0.7% of national income was unsustainable. Will he take this opportunity to defend an independent DFID and 0.7%, and perhaps call on his fellow contenders to make their positions clear?

[Rory Stewart]

I thank the shadow Secretary of State for his remarks; his endorsement is probably the nail in the coffin of my campaign. I know that I am meant to be campaigning on being the person who can convince people who do not normally vote Conservative to vote Conservative, but this may be going a little far. The commitment to 0.7% is a Conservative commitment that we put into statute, and we are deeply proud of it. At a time when we are facing a climate emergency, to spend not 7% or 1%, but 0.7% of our GNI, makes entire sense. We are facing an emergency to the climate and to people that could cost trillions of pounds if we get it wrong so this spending is exactly the right thing to do, and I am delighted that both sides of the House are following the Conservative lead on the commitment to 0.7%.

[Dan Carden]

I am grateful for that answer. The growing debt crisis in developing countries, with debt repayment increasing by 85% between 2010 and 2018, is of growing concern, and it is a crisis that diverts money from vital public services. Yesterday Labour announced plans for an overseas loans transparency Act. Will the Secretary of State join us and call on the Chancellor to commit to full transparency on loans to foreign Governments?

[Rory Stewart]

Having gone party political, I will now say that I am very happy to reach out and talk about this matter. Clearly, finance is key for development and the City of London is one of the major players. If we can get the right kind of capital into Africa, for example—where there is a huge amount of labour, with 18 million people a year coming into the labour force—and get that capital connected, we can transform those economies, but we can do so only if these are good loans. The problem at the moment is that too much money has gone in that has not been invested in infrastructure or productivity, but has instead found its way into some rather dubious bank accounts. It is in the interests of Britain, the City, the Government and the whole nation to ensure that the financing we put into development really drives development. I would be delighted to sit down and discuss this with the hon. Gentleman.