RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: Ancap Good News: Britain may cut off aid to corrupt countries Tue Aug 24, 2010 5:21 am | |
| Britain is prepared to cut off aid payments to poor countries where mining income is being diverted by corrupt leaderships, the International Development Secretary has said.
Andrew Mitchell said good government in recipient countries with mineral wealth was vital to the integrity of the aid budget.
''Achieving transparency in the exploitation of mineral resources is one of the most fundamental aspects of development,'' he said.
''If taxpayers are supporting poverty reduction strategies in countries with significant resources that are not being used in the people's interest, that will bring our use of taxpayers' money into massive disrepute.''
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