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Home > Business and Economics > Economics > International economics > The future of UK development cooperation: phase 1: development finance, eighth report of session 2013-14, Vol. 1: Report, together with formal minutes, oral and written evidence(2013-14 334 House of Commons Papers)
The future of UK development cooperation: phase 1: development finance, eighth report of session 2013-14, Vol. 1: Report, together with formal minutes, oral and written evidence(2013-14 334 House of Commons Papers)

The future of UK development cooperation: phase 1: development finance, eighth report of session 2013-14, Vol. 1: Report, together with formal minutes, oral and written evidence(2013-14 334 House of Commons Papers)


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Over the next ten years, development aid in the form of grants should be replaced for lower middle income countries. DFID should continue to channel some of its finance through multilaterals, making greater use of their specialist skills and expertise rather than replicating these within its own bilateral programmes. DFID should also establish a financial instrument team, prepare a development finance strategy and publish a Development Finance White Paper during 2014. This strategy should include consideration of whether to establish a UK development bank. The overwhelming drive in UK aid should continue to focus on lifting people out of poverty and meeting post-2015 development objectives. The UK should continue to fund the development and delivery of key services to the very poorest people in low income countries through a system of grants. We should also continue to channel 0.7 % of GNI into development cooperation. But, to support structural transformation in lower middle income countries a significant proportion of future UK development finance should also be delivered via a system of concessional loans and other financial instruments


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Product Details
  • ISBN-13: 9780215068088
  • Publisher: TSO
  • Publisher Imprint: Tso
  • Height: 300 mm
  • No of Pages: 200
  • Series Title: The future of UK development cooperation: phase 1: development financeeighth report of session 2013-14
  • ISBN-10: 0215068084
  • Publisher Date: 13 Feb 2014
  • Binding: Paperback
  • Language: English
  • Series Title: 2013-14 334 House of Commons Papers
  • Sub Title: phase 1: development finance, eighth report of session 2013-14, Vol. 1: Report, together with formal minutes, oral and written evidence


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The future of UK development cooperation: phase 1: development finance, eighth report of session 2013-14, Vol. 1: Report, together with formal minutes, oral and written evidence(2013-14 334 House of Commons Papers)
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