Impact of UK foreign aid diluted by pursuing national interest, says IFS
by Larry Elliott Economics editor from on (#2NRQ9)
Thinktank estimates ODA spending will rise by 1bn during the course of next parliament
Poverty reduction in the world's poorest countries risks being diluted by the government's increasing tendency to devote a bigger slice of Britain's aid budget to pursuing the national interest, the Institute for Fiscal Studies has warned.
The thinktank estimated that overseas development assistance would rise by 1bn during the course of the next parliament as a result of Theresa May's pledge to continue meeting the United Nations 0.7% aid target.
Related: Foreign aid 0.7% pledge will remain, says Theresa May
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