Foreign Secretary Liz Truss has set out her vision for the future of UK international development. The strategy, which builds on a proud record of global leadership in the development, will challenge dependency on malign actors, offering choice and bringing more countries into the orbit of free-market economies.
The strategy will help address increasing global challenges, delivering investment, supporting women and girls, getting humanitarian assistance to those who need it most, and continuing our work on climate change, nature and global health.
The strategy will use British International Investment and other tools to provide honest and reliable finance to help low- and middle-income countries take control of their futures, giving them an alternative so they are not burdened with unsustainable debt with strings attached. This approach will help deliver the Clean Green Initiative, supporting countries to grow their economies sustainably.
The Government will also use the strategy to rebalance the aid budget towards bilateral programmes. This will give the Government greater control over how money is spent allowing a focus on priorities and improving lives around the world.
Foreign Secretary Liz Truss said: “In an increasingly geopolitical world, we must use development as a key part of our foreign policy. Malign actors treat economics and development as a means of control, using patronage, investment and debt as a form of economic coercion and political power. We won’t mirror their malign tactics, but we will match them in our resolve to provide an alternative.
The new strategy, launched today, will ensure that our international development work brings benefits across the globe and here at home. Our strategy will deepen economic, security and development ties globally, while delivering jobs and growth in both the UK and partner countries.”