Michael Moore MP, a Liberal Democrat, has tabled a Private Member’s Bill to enshrine in law a commitment to spend 0.7% (£12bn at today’s figures) of gross national income (GNI) on overseas aid. The Bill is expected to be debated in the House in September.
I don’t believe that having an arbitrary target of 0.7% of GNI is a sensible approach to international aid.
I’m not convinced that a £12 billion annual spend is affordable at a time when we are still spending around £100 billion more than tax revenue generates. There are already suggestions that trying to meet this target results in money being given to projects that are at best marginal and may actually be a complete waste of money.
I know that this issue is one that people feel strongly about and so would like your views. You can vote in an online poll as to whether the Bill is a good idea here, and if you wish, email me about the subject at email@example.com.