Overseas Aid (Private Sector Contracts)

Peter Bone Excerpts
Monday 11th March 2013

(11 years, 8 months ago)

Commons Chamber
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Justine Greening Portrait Justine Greening
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On the right hon. Gentleman’s last point, we do have transparency. In fact, I think I am right in saying that my Department was rated as the most transparent organisation in the series of stakeholder organisations involved in development. In answer to his earlier question, he will be aware that the definition of official development assistance—as set out by the OECD and monitored by the development assistance committee, or DAC, the organisation that brings together donors—is clear cut, and we will stay within it.

Peter Bone Portrait Mr Peter Bone (Wellingborough) (Con)
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May I thank the shadow Minister for asking the question? I would like him to ask a lot more parliamentary questions such as that, because it is great to give the Secretary of State’s speeches a more widespread audience. She is absolutely right: the answer to the problem is not aid, but trade.

Justine Greening Portrait Justine Greening
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I agree with my hon. Friend; indeed, so would the Indian Finance Minister, who said aid is the past, trade is the future. This is about ending aid dependency by driving growth and job creation.