Source · Select Committees · International Development Committee
Recommendation 7
7
Paragraph: 42
Increase FCDO oversight of BII's thematic and geographic investment split in annual reporting.
Conclusion
The FCDO should have more oversight of the regional split of BII’s funds. It should actively monitor the thematic and geographic split of BII investments and include this within its annual reporting of ODA expenditure. The profiling of BII investment activity should also reflect the FCDO’s priorities, and this should be guided by the FCDO setting geographic and thematic handrails. The geographic and thematic areas of BII expenditure should be reported alongside the FCDO’s annual programme expenditure so the UK taxpayer has true sight of how UK ODA has been spent regionally and across thematic areas.
Paragraph Reference:
42
Government Response
A response document is linked to this report, dated 7 December 2023. Response attribution to this conclusion has not been verified. Read the response document ↗