Source · Select Committees · International Development Committee
Recommendation 11
11
Paragraph: 57
Cap BII investments in middle-income countries to better distribute across different development needs.
Conclusion
BII must better distribute its investment across countries with different development needs and income status by capping the proportion of investments that it holds in middle-income countries, at a percentage determined by the Minister for Development, by 31 March 2025. The rate should be defined within BII’s investment policy and frequently monitored through BII’s published reporting.
Paragraph Reference:
57
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 ↗