The Independent Commission for Aid Impact scrutinizes the spending of the UK’s £11.5 billion ($18.4 billion) overseas development assistance budget. The aid budget, which is the second largest after that of the United States, has been expanded to reach .71% of GDP and represents a genuine achievement for the current coalition government in difficult financial times.… Continue Reading
Posts Tagged: Foreign Aid
The International Finance Corporation and the World Bank released their new Doing Business Index this week. It’s the 11th annual report measuring business regulations for local firms — how easy or hard it is to do business in the countries surveyed.… Continue Reading
In the prior post, I talked about steps governments in East Africa can take to lift the natural resource curse that plagues the region. Let’s look now at how extractive companies and foreign governments can also help make life better for millions of people.… Continue Reading
Despite spending $96 billion in reconstruction aid in Afghanistan since the U.S.-led… Continue Reading
Ireland’s Minister for Foreign Affairs said the government of Uganda will repay €4 million that was diverted from an Irish aid package.
A report by the Irish Examiner said the Prime Minister of Uganda Patrick Amama Mbabazi ‘denied any knowledge of the fraud through his office and insisted none of the missing money was ever paid to him.’… Continue Reading
Eighteen senior government officials from Afghanistan will receive anti-corruption training in Singapore through an international aid package.
A report last week by Channel News Asia said the week-long training program is part of a $1 million technical assistance package that Singapore pledged at the International Conference on Reconstruction Assistance to Afghanistan.… Continue Reading