Diane Abbott – 2016 Parliamentary Question to the Department for International Development

The below Parliamentary question was asked by Diane Abbott on 2016-04-13.

To ask the Secretary of State for International Development, with reference to page 169 of the Office for Budget Responsibility’s report, Economic and fiscal outlook March 2016, to which partners the £800 million loans will be disbursed in 2016-17; what assessment she has made of the comparative utility of loans and grants for effective development projects; how repayments of those loans will affect the level of recorded Official Development Assistance (ODA) spend; and what assessment she has made of the effect of the growing proportion of capital departmental expenditure limits (DEL) ODA spend and a declining proportion of resource DEL ODA spend on her Department’s effectiveness.

Justine Greening

DFID is planning to invest around £400m in loans in 16/17 rather than the £800m figure erroneously reported in the Office for Budget Responsibility figures. The precise breakdown of those loans has not been finalised.