Copied from the DFID website, 3rd June 2010:
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“British taxpayers will see exactly how and where overseas aid money is being spent and a new independent watchdog will help ensure this aid is good value for money, International Development Secretary Andrew Mitchell has announced.
In his first major speech as Development Secretary, Mr Mitchell said he had taken the key steps towards creating an independent aid watchdog to ensure value for money. He also announced a new UKaid Transparency Guarantee to ensure that full information on all DFID’s spending is published on the departmental website.
The information will also be made available to the people who benefit from aid funding: communities and families living in the world’s poorest countries.
These moves come as part of a wider drive to refocus DFID’s work so British taxpayers’ money is spent transparently and on key priority issues such as maternal mortality and disease prevention.”
In Mr Mitchell’s speech, delivered at the Royal Society with Oxfam and Policy Exchange, he argued that overseas aid is both morally right and in Britain’s national interest but that taxpayers need to see more evidence their money is being spent well. Continue reading ““Full transparency and new independent watchdog will give UK taxpayers value for money in aid””