CDC: Overseas Aid

(asked on 2nd September 2020) - View Source

Question to the Foreign, Commonwealth & Development Office:

To ask Her Majesty's Government how much investment in Official Development Assistance is in CDC Group Limited’s current investment plans; and what percentage of CDC Group Limited's planned investment this constitutes.


Answered by
Baroness Sugg Portrait
Baroness Sugg
This question was answered on 16th September 2020

CDC's current investment plans cover the period of its five-year Strategic Framework 2017-2021. Across this period the Government has committed to invest Official Development Assistance (ODA) of up to a maximum of £3.515 billion to support the growth of companies in Africa and South Asia that create jobs and transform economies.

100% of the Government's investment scores as ODA in the year it is allocated to CDC.

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