(10 years, 11 months ago)
Commons ChamberThat is an excellent question, and it is why we have decided to raise this issue more internationally. We need to start from the right basis to respond to crises more effectively. Protecting women and girls should not be an afterthought when a crisis hits, such as Typhoon Haiyan in the Philippines; it absolutely should be one of the core priorities considered from day one. If we can do that, I believe we dramatically improve the chances of making sure that we protect girls and women over the course of a crisis as it evolves.
4. What assessment she has made of the role of economic development in ending aid dependency.
The best way to end aid dependency is through creating jobs, raising incomes and generating tax receipts. Since coming into the Department, I have ramped up our focus in this area and encouraged UK businesses to join the development push. Earlier this month, I took 18 companies to Tanzania to showcase development-focused opportunities for investment, and a number of significant partnerships emerged as a result.
A key sign of economic development is when a country can afford a mission to Mars. Will the Secretary of State confirm that the important projects that UK aid has funded in India will come to a natural end in 2015?
My hon. Friend is right to say that countries that are transitioning: development is taking place and, as it does, we too need to develop our approach on how we work with countries such as India. That is why I announced last year that we will move to a new type of development relationship with India, running down financial grants that are under way so that they finish by 2015 and, following on from that, having a relationship based on trade and technical assistance.
(14 years, 1 month ago)
Commons Chamber17. What assessment he has made of the effect on GDP of proposals to increase the level of economic growth in the June 2010 Budget.
As we discussed earlier, the emergency Budget supported businesses in a variety of ways. We know that we have to rebalance our economy by getting an unwieldy public sector back into a sustainable, private sector-led economy that generates the tax revenues needed to fund our public services sustainably. We will never go back to the profligacy of the Labour party.
Businesses in West Worcestershire welcome the cuts in corporation tax that were announced in the June 2010 Budget. Does the Minister agree that the most basic economics primer would say that, if they are possible, lower tax rates for business can lead to higher tax revenues from business?
My hon. Friend is right, and I know that she had wide experience in business before entering the House. Opposition Front Benchers really ought to listen to the CBI, the Institute of Directors, the Federation of Small Businesses, the British Chambers of Commerce and a range of other representatives from across industry who welcome the measures that the Government have brought forward to support business. As long as the Opposition put their head in the sand they will remain what they are right now, which is incredible.