Value for money? Major aid donors fail transparency test
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Most of the world's biggest aid donors are failing to make public what their spending achieves, according to a study released on Wednesday that ranks China, the United Arab Emirates and Japan as the worst performers. Publish What You Fund, a campaign group, aValue for money? Major aid donors fail transparency test
Most of the world's biggest aid donors are failing to make public what their spending achieves, according to a study released on Wednesday that ranks China, the United Arab Emirates and Japan as the worst performers. Publish What You Fund, a campaign group, assessed the transparency of 45 organisations worldwide that spend at least $1 billion a year in aid to poor and crisis-affected countries. One in four either failed to describe the projects they funded at all or described them in technical language that the public would struggle to understand, while only one in three reported the results of such projects. «This makes it very difficult for watchdogs, partner country governments and donors themselves to understand what is working and if the promised results are being achieved,» said Catherine Turner, the head of Publish What You Fund. China's Ministry of Commerce, which manages the country's foreign aid spending, was the worst performer, followed by the foreign ministries of the UAE and Japan. The Chinese embassy in London said China does not attach political strings to foreign assistance or interfere in the internal affairs of recipient countries. A UAE foreign ministry... Read more