https://www.engineeringnews.co.za
Africa|Environment|Financial|Health|Power|Projects|SECURITY|Sustainable
Africa|Environment|Financial|Health|Power|Projects|SECURITY|Sustainable
africa|environment|financial|health|power|projects|security|sustainable

UK announces new international aid strategy

16th May 2022

By: Rebecca Campbell

Creamer Media Senior Deputy Editor

     

Font size: - +

The UK unveiled its new International Development Strategy on Monday. The country has revamped this strategy because of the significant changes in global politics, with the re-emergence of Great Power confrontation (as against mere competition) and the concomitant increase in the risk of major inter-State wars.

The new strategy was launched by UK Foreign, Commonwealth and Development Secretary (Cabinet Minister) Liz Truss. The accompanying official press release assured that, under the new strategy, the UK would “sustain our commitment to Africa and ensure our development programmes in the Indo-Pacific remain a critical part of our ambition to increase our focus on the region.”

"In an increasingly geopolitical world, we must use development as a key part of our foreign policy,” she affirmed. “Malign actors treat economics and development as a means of control, using patronage, investment and debt as a form of economic coercion and political power. We won’t mirror their malign tactics, but we will match them in our resolve to provide an alternative."

The new British strategy had four priorities. One: to use the financial strength of the City of London and the country’s financial expertise to deliver honest and reliable investments by means of British Investment Partnerships, coupled with support for developing countries to create sustainable ‘green’ economies. Two: to provide girls and women with “the freedom they need to succeed”, using bilateral aid to educate girls, empower girls and women, protect them against violence and liberate their potential. Three: to increase and prioritise humanitarian aid and assistance, with assigned funding of £3-billion over the next three years. Four: to continue to drive and support programmes and projects regarding climate change, the natural environment and worldwide health.

“The new strategy, launched [Monday], will ensure that our international development work brings benefit across the globe and here at home,” stated Truss. “Our strategy will deepen economic, security and development ties globally, while delivering jobs and growth in both the UK and partner countries.”

As part of the new strategy, the UK would increasingly transfer its aid funding from multilateral to bilateral programmes. The aim was that, by 2025, 75% of the UK’s aid budget would be used to fund bilateral and country-specific programmes. This was to allow the UK, in the words of the press release, “to deliver more aid directly to where it is needed”.  

Edited by Creamer Media Reporter

Comments

Showroom

Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 
Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 19 April 2024
Magazine round up | 19 April 2024
19th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.092 0.149s - 176pq - 2rq
Subscribe Now