PARLIAMENTARY WRITTEN QUESTION
Developing Countries: International Assistance (7 May 2024)
Question Asked
Asked by:
Lisa Nandy (Labour)
Answer
The UK supports multilateral institutions by providing both core and non-core project funding to help tackle complex governance challenges in developing countries. For example, we provide funding to UN agencies, including UNDP, to promote inclusive, effective and accountable governance. The UK funds the World Bank, IMF and OECD to deliver capacity building on tax and public financial management, including supporting the flagship "Tax Inspectors Without Borders" partnership between the OECD and the UN. Last month the UK announced £2 million new funding to World Bank and IMF Trust funds focused on supporting developing countries build stronger systems to tackle corruption and illicit finance issues. The UK has consistently championed delivering good governance outcomes across the multilateral system, including by playing a leading role to champion and shape SDG 16 that provides the overarching international framework for this.
Answered by:
Mr Andrew Mitchell (Conservative)
24 May 2024
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