Private Infrastructure Development Group
(asked on 19th January 2015) - View Source
Question to the Department for International Development:
To ask the Secretary of State for International Development, what monitoring of Private Infrastructure Development Group her Department undertakes to ensure value for money.
This question was answered on 22nd January 2015
Ensuring Value for Money is central to all of DFID’s work. Alongside robust monitoring arrangements there are stringent criteria on demonstrating clear need and anticipated development impact before any funds are released. In addition, all projects worth over £5m are now signed off by Ministers.
Funding to the Private Infrastructure Development Group in the last five years is as follows:
| 2013/14 | £148m |
| 2012/13 | £102m |
| 2011/12 | £93m |
| 2010/11 | £12m |
| 2009/10 | £21m |