BRITISH FOREIGN AID POLICY 2016-2026

BRITISH FOREIGN AID

Britain in 2015 is a huge Debtor Nation. It has struggled to reduce the National Debt for some 7 years. In spite of this difficult economic climate, The British People have spent some £12 Billions on Overseas Aid and Development each year.

Britain signed up to the United Nations Plan to spend 0.7% of Gross Domestic Product ( GDP ) in future years.

Recently in 2015, the European Union have dcclared that Britain should pay an extra £1 Billions towards the EU Foreign Aid Budget. Aparently, Britain has not paid enough in previous years.

Britain is the second highest contributor to Foreign Aid in the World – after the USA.

Making a contribution to Foreign Aid and Development is an honourable thing to do. We must continue to help reduce Poverty, Improve Healthcare and Invest in improving the facilities for people in depressed Nations to live a better life.

The British People also donate some £60 Millions Plus via The Red Nose Charity and more through Save the Children Fund, Water Funds, OXFAM and through many other Worthwhile Charities. Britsih Volunteers also serve in many countries of the World.

Can Britain continue to contribute at the present levels ? My answer is NO.

What should British Oversaeas Aid Policy ne in the future 2016 – 2026 ?

• No British Aid should be channeled vis Foreign Governments. Too much Foreign Aid is lost via Corruption and the Black Market in the recipient countries. This must stop.Too many Government Officials in Foreign Countries have become Millionaires in office. Where does the money come from ?

• Britain should continue to channel Aid via Approved Charities who are already working in the countries concerned or Bona Fide United Nations Organisations.

• Any money spent via The European Union must be subject to external Audit. It is a disgrace that the Financial Accounts have not been ratified as correct by the External Auditors for more than 10 years . How do they get away with it ?

• Starting in 2016, Britain should reduce its contribution by 50% until Britain has reached equilibrium with its National Debt finances.

• Britain should withdraw from a 0.7% GDP formula until its finances are in Credit.

• The World Monetary Fund should continue to support worthwhile Projects in Development Countries.

• The Pharmaceutical Companies should continue their good work in supplying Drugs at reduced prices but once again these shipments must be closely monitored along the Supply Chain to stop Corruption and Black Marketing.

This seems a realistic Policy for Britain to pursue in the next 5 – 10 years. If the British Economy grows at a more rapid rate, this Policy can be reviewed. In the meantime, let us face up to reality -

stop wasting £Millions in Overseas Aid at rates which Britain cannot afford.