Joe Powell

Joe Powell

Labour — Kensington and Bayswater

Speaking in the House of Commons on 13 May 2025

Debate

Official Development Assistance Budget

Contribution

The reduction to 0.3% will require painful decisions, but there are innovative financing mechanisms on which Britain could lead—for example, increasing special drawing rights, using the exchange equalisation account, guarantees and debt relief. Can the Minister commit to working with the Treasury to look at all these non-ODA instruments in which Britain could show leadership and fund our development programmes?

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