Daily Mail UK 03-January 2017 | QUEUE HERE FOR UK’S £1BN FOREIGN AID CASHPOINT

Daily Mail

Queue here for UK’s £1bn foreign aid cashpoint

Just when you though it couldn’t get any worse…YOUR cash is doled out in envelopes and on ATM cards loaded with money

 

HOW WE’RE THE MOST GENEROUS

The UK is the only member of the G7 group of leading nations even close to hitting the target of spending 0.7 per cent of national income overseas.

Since 2004 the amount Britain hands to foreign governments and other aid bodies has rocketed by 144 per cent, according to the G7.

The annual aid bill is between £12billion and £13billion, more than £360 for every income tax payer. On some forecasts, that figure will increase to around £16billion by the next election, and £30billion by 2030.Starbucks

Germany, France, Italy, the US, Japan and Canada each spend just 0.4 per cent or less. Over the past decade, spending on aid by Japan is up by just 4 per cent and France by 25 per cent.

One dollar in every five spent by the G7 on aid now comes from British taxpayers – despite huge public concern over corruption and waste.

The EU is failing in its own commitment to hit the 0.7 per cent aid target. Its various institutions managed to spend only 0.43 per cent in 2014.

Pakistan, which has longstanding corruption problems, saw a 40.6 per cent increase in UK aid last year, receiving £374million.

This is despite the fact that less than 1 per cent of the population in Pakistan pays any income tax.

Pakistan has a space programme and is one of a very limited number of nuclear powers, possessing between 110 and 130 warheads.

Daily Mail UK Article

Daily Mail 03-01-17 front page headlines
Daily Mail 03-01-17 front page headlines
Source Daily Mail UK

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