Development minister Andrew Mitchell has hit back at criticism over aid cuts for the world’s poorest, saying the UK was still a “very dominant force”.
Mr Mitchell said that the UK was the third-biggest donor to the World Bank’s fund for the poorest countries in the world.
The anti-poverty institution had accused the UK of causing “real pain” with recent cuts to foreign aid.
The anti-poverty institution had accused the UK of causing “real pain” with recent cuts to foreign aid.
The UK halved payments sent to the World Bank’s International Development Association fund. It now sends £500m a year.
The government said it was a temporary cut until Britain’s public finances were back in shape.
The Bank is hoping that the UK will be “back at higher levels” of funding soon.
Speaking to the BBC, Axel van Trotsenburg, senior managing director at the World Bank, explained how every dollar counts. He said, “Every dollar that we get saved lives. The way I look at this fund is how you actually save lives… so this caused real pain.”
Mr van Trotsenburg, the second-in-command at the Bank, also said that donor contributions had been largely “flat”.
Development minister Andrew Mitchell has hit back at criticism over aid cuts for the world’s poorest, saying the UK was still a “very dominant force”.
The anti-poverty institution had accused the UK of causing “real pain” with recent cuts to foreign aid.
Mr Mitchell said that the UK was the third-biggest donor to the World Bank’s fund for the poorest countries in the world.
The UK halved payments sent to the World Bank’s International Development Association fund. It now sends £500m a year.
The anti-poverty institution had accused the UK of causing “real pain” with recent cuts to foreign aid.
The anti-poverty institution had accused the UK of causing “real pain” with recent cuts to foreign aid.
The UK halved payments sent to the World Bank’s International Development Association fund. It now sends £500m a year.
The government said it was a temporary cut until Britain’s public finances were back in shape.
The Bank is hoping that the UK will be “back at higher levels” of funding soon.
Speaking to the BBC, Axel van Trotsenburg, senior managing director at the World Bank, explained how every dollar counts. He said, “Every dollar that we get saved lives. The way I look at this fund is how you actually save lives… so this caused real pain.”
Mr van Trotsenburg, the second-in-command at the Bank, also said that donor contributions had been largely “flat”.
#hits #criticism #World #Bank #aid #cuts
Note:- (Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor. The content is auto-generated from a syndicated feed.))
