The BBC has announced that a group of business and humanitarian stakeholders, including the Bill & Melinda Gates Foundation, will provide நி 93.5 million in emergency funding to offset some foreign aid cuts provided by the UK..
They said the temporary funding would help save important projects and see to it that progress is not wasted.
According to the report, the British government decided earlier this year to reduce foreign aid spending from 0.7% to 0.5% of national income.%.
He said the financial impact of the epidemic has forced ministers to make tough but necessary decisions, and that the group, which includes the Children’s Investment Fund Foundation, the Elma Foundation and the Open Society Foundation, will help with emergency funding preventive treatment programs. Providing diseases and family planning services..
Canterbury Archbishop Justin Welby welcomed the emergency funding, saying it was “badly needed” but called on the government to restore its commitment to spend 0.7% of national income on foreign aid..
Conservative MP to chair House of Commons Foreign Affairs Committee Tom Dujentad said: “When Britain withdraws, others step in by reducing our aid, and we have given other countries the opportunity to expand their influence at the expense of Britain.“.
Charities, including Oxfam and ActionAid, have been critical of the cuts – which cost about $ 4 billion a year, warning that it has already been forced to cancel plans..
Many Tory MPs spoke out against the move, opposing a promise to stick to a 0.7 percentage point in the 2019 Conservative election manifesto.%But Chancellor Rishi Sunak, the Chancellor, said it was difficult to “justify” facing the UK’s record borrowing in the past.
A government spokesman said: “The UK will spend more than $ 10 billion this year on improving global health, combating poverty and tackling climate change – which will become one of our largest donors.
The spokesman added: “We always know that the government will return 0.7% of GNI to international development as soon as the financial situation allows.“.