Britain’s aid to the Commonwealth of Nations reduced by 500 million pounds

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The British newspaper “The Independent” reported that the United Kingdom’s aid to the Commonwealth countries fell by 500 million pounds, in a deep blow to the British government’s “Global Britain” agenda.

The newspaper pointed out – on its website today – that an analysis of the official figures of the Liberal Democrats, released on the day of Liz Truss’s first speech to the annual Conservative Conference as Foreign Secretary, shows a sharp decline of 500 million pounds in support for countries including Bangladesh, Nigeria and Tanzania.

The drop comes despite ministers’ claims that Brexit would allow the UK to strengthen ties with the world body’s 53 other members, and Truss’ claim on her first day at the Foreign, Commonwealth and Development Office that she is committed to a “strong future”. and prosperous” for the Commonwealth.

The total bilateral foreign aid pledged by the FCO for programs in Commonwealth countries is expected to be reduced by 46%, from around £1.1 billion in 2020-2021 to £600 million in 2021-2022.

The largest of these declines include Bangladesh from £190m to £73m, a decrease of £117m, Nigeria, down £114m from £209m to £95m, and Tanzania, down £61m from £89m to 28m. fairy.

Other countries affected by aid cuts include Pakistan, Ghana, Kenya, Malawi, Mozambique, Rwanda, Sierra Leone, Uganda, Zambia, and several Caribbean island nations.

The aid cut comes after Chancellor Rishi Sunak announced a reduction in UK spending on foreign aid from 0.7 to 0.5% of GDP, in response to the economic difficulties caused by the emerging coronavirus pandemic.

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The article: Britain’s aid to the Commonwealth countries decreased by 500 million pounds was written in Al Borsa newspaper.