Showing posts with label DFID growth poverty private sector Douglas Alexander Secretary State Department International Development. Show all posts
Showing posts with label DFID growth poverty private sector Douglas Alexander Secretary State Department International Development. Show all posts

Wednesday, 2 April 2008

DFID puts growth back at the heart of development

Douglas Alexander, Secretary of State for International Development, set a fresh, bold direction for the UK’s aid agency, the Department for International Development, on Monday. In a speech at an event co-hosted by Business Action for Africa and the Overseas Development Institute, he pointed out that economic growth has accounted for 80% of poverty reduction around the world since 1980, helping as many as half a billion people to lift themselves out of poverty.

He also recognised the important role that the private sector has to play in helping developing countries grow and fight poverty – investing, creating jobs and increasing poor people’s access to affordable goods and services.

The words are a breadth of fresh air, and the task now is to ensure that they are reflected right across DFID – its priorities, programmes and structures – as well as across the development community as a whole.

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