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| EU auditors find massive waste in development aid to former USSR |
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| Written by Alex Singleton | |
| Friday, 21 April 2006 | |
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A new report by the European Court of Auditors says much of the 2.8 billion euros of EU aid spent on the Confederation of Independent States (the former USSR) has been wasted. According to EUobserver:
The study, sampling 29 out of the 275 individual TACIS projects launched in 2000 to 2003, found that just five achieved objectives in a sustainable way, four achieved goals unsustainably, eight were "partially" successful and 12 failed... This example illustrates perfectly the feeling that many in the development community have: that when aid is spent at the European level, it is less effectively spent then when DFID spends it. There is simply no need to be spending development aid at the European Union level: it in no way contributes to the working of the single market. Yet DFID funds about 18% of the EU's aid activities. Would it not be better to put DFID in charge of how it spends its budget - and also reprioritise spending on Africa? If there are foreign policy reasons for giving money to the CIS, then let the Foreign Office spend the money: but aid money per se should be spent poverty is most dire. |