Aid spending target takes a step closer to law
12 September 2014
Over 160 MPs from all parties have voted in favour of Michael Moore’s Private Members Bill to commit the UK to spending 0.7% of national income on overseas aid. The Bill has passed its second reading and is firmly on track to ensuring the 40-year-old aid target is enshrined in law.
Chris Bain, Director of international aid agency CAFOD, said: “This is a clear commitment from Parliamentarians from all sides to commit the UK to standing in solidarity with the world’s poorest people. The MPs who were present and voted for the Bill have today taken a big stride towards honouring a historic promise of spending 0.7% of our national income on overseas aid.”
Rt Hon Tom Clarke MP, Chair of CAFOD’s Parliamentary Friends, says: “MPs across Parliament have ensured that this legislation is a step closer to becoming enshrined in law. I pay tribute to those CAFOD supporters around the country who are tireless in their commitment to speaking out for the poor and marginalised in our world.”
Seven reasons to celebrate 0.7%
- Aid saves lives. From immunisation to school enrolment, millions of lives have been saved or transformed due to international aid
- Aid enables governments to plan for tackling poverty in the long-term. According to some estimates, aid has added one per cent to the annual rate of economic growth in the countries where the poorest billion people live
- It stops aid being a party political issue – all parties now agree on meeting this target
- It encourages other countries to follow suit and boosts Britain’s reputation further as a world leader in spending aid where it’s most needed
- It shows that we care about tackling poverty and injustice even in tough economic times
- It’s a promise that’s been kept – even if it took a long time
- Now this announcement has been made, we can concentrate on addressing the issues which keep people poor - from business transparency to climate change.