Ninth Report - The UK’s support to the African Development Bank Group: report from the Sub- Committee on the Work of ICAI

Summary written by Accountability Index from the government's response. It is not the government's own words.

The government welcomes the Committee's findings on its partnership with the African Development Bank, says it "agree[s] with" Recommendation 1, and sets out how its approach and funding commitments continue.

• On accelerating paid-in capital (Recommendation 1), the government says "We agree with this recommendation" and "will accelerate some of its capital subscriptions" in 2021, in addition to its planned annual instalment. It "will consider further accelerated payments" at the next Spending Review.
• On the Bank's skills gaps (Recommendation 2), the government "recognises these skill gaps" and says it is monitoring progress through six-monthly reporting to the Board of Directors and annual reporting to Governors. It commits to provide the requested update "by the end of October".
• On complementing bilateral support (Recommendation 3), the government points to its commitment to remain the largest donor to the African Development Fund, and says FCDO will spend "around half" of its 2021/22 bilateral ODA budget in Africa.
• On the Performance Improvement Plan, the government recognises the approach "posed challenges" for its relationship with the Bank. For the 2019 replenishment it took a different approach, including an additional £102m incentive tranche payable in the final year.

Read the government's response ↗ Report an error