Multi-million-pound prosperity fund does not focus on world’s poorest and lacks transparency, says parliamentary committee

Aid delivered under multi-million-pound cross-government fund is insufficiently focused on poverty reduction and lacks transparency, MPs said.

The emphasis of the prosperity fund on promoting British trade was a “step towards” tied aid, a concept discredited after Britain’s “aid for arms” scandal 25 years ago, according to a report on aid spending across Whitehall by the international development committee (IDC). The Pergau Dam affair, in which hundreds of millions of pounds in UK aid were linked to a major arms deal, was uncovered by a National Audit Office report in 1993.

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