Prosperity Fund

(asked on 17th October 2017) - View Source

Question to the Cabinet Office:

To ask the Minister for the Cabinet Office, what steps he has taken to ensure that spending from the Prosperity Fund takes place across Government in accordance with (a) the provisions of the International Development Act 2002 and (b) international commitments on overseas development assistance.


Answered by
Damian Green Portrait
Damian Green
This question was answered on 23rd October 2017

The Prosperity Fund is focused on high impact projects to promote economic
development and poverty reduction in the developing world. All Official Development
Assistance spend under the cross-government Prosperity Fund (PF) is fully
consistent with the International Development Act (including the Gender Equality
2014) and OECD DAC criteria. The Fund’s priorities were set out in the UK Aid
Strategy (2015) and the Strategic Defence Security Review (SDSR 2015). The Fund
also supports the United Nation’s Sustainable Development Goals, particularly SDG
8 to “Promote inclusive and sustainable growth, employment and decent work for all”.

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