Foreign aid is a waste of money. I should know, I’ve advised Britain how to spend it
Our politicians like to present the gargantuan international aid budget as a badge of compassion. In reality, it is a monument to their vanity and extravagance with other people’s money.
Rather than helping the poor of the developing world, the colossal funds spent by the British government on overseas assistance sustain a vast, bureaucratic aid industry which actually fuels corruption and hinders economic progress.
The ludicrousness of the system was highlighted this week with the release of a TaxPayers’ Alliance report, which found that British aid ‘does not have any discernible impact on freedom in developing countries’.