I second everything my hon. Friend has said. We have a number of significant pledges that are coming up or being processed—I am thinking, for example, of the Global Fund to Fight AIDS, Tuberculosis and Malaria. It would be so short-sighted to step away from investments that we have been making for so long, when we are at a real crisis point on many issues, whether that is solving the problem of malaria or HIV or just maintaining what we have already built up. So I completely support what my hon. Friend has said.
The Government are blunting a key tool in the development toolbox by not continuing their support of multilaterals. Let us remember that they have chosen to cap the aid budget at 0.5% of gross national income. We face an unprecedented set of crises around the world—the war in Ukraine, hunger in the horn of Africa and the devastating impacts of climate change—so we must spend every penny of the budget in the most
effective way possible. Sadly, I am not convinced that the direction we are taking with this spending allows us to do that.
There is enormous potential in the poorest communities around the world, and UK aid can empower people to help themselves, creating long-term, sustainable economies, but we need to help lift people out of poverty first and make those transformations permanent.
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