Thursday, February 28, 2013

Some figures about foreign aid

These are not really the figures we want as they give no detail but, I think, we can assume that every penny is either mis-spent, embezzled or has gone towards keeping bloodthirsty kleptocrats in power.

Lord Stoddart of Swindon asked HMG:
what is their most recent forecast in cash terms of United Kingdom expenditure on foreign aid, including that part of it administered by the European Union, for the period 2010 to 2015.
Baroness Northover (more here) on behalf of HMG replied:
Total UK ODA spend, including the share of the UK's contribution to the European Commission which has been classed as ODA eligible, for 2010 and 2011 is provided below:

2010:£8,677 million (gross)- £8,452 million (net); and 2011: £8,841 million (gross)- £8,629 million (net).

Please note that the net figures represent expenditure net of loan capital (i.e. principal) repayments.
That's a lot of taxpayers' money to be mis-spent, embezzled and generally wasted on those kleptocrats.

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