Replacing Aid with Trade
Swaminarayan Akshardham Temple, Delfi
Modern India, boasting its own space programme spends 70 billion pounds annually in fighting poverty and no longer needs British aid. Earlier this year, finance minister Mukherjee described Britain’s eight year, 1.6 billion pounds programme as ‘a peanut’. This peanut is hard to for India to swallow and the UK is working on plans to wind down aid from the International Development Agency. Some of the 650 million pounds due to be spent over the next thirty months will be saved as Britain replaces aid with trade. It is widely thought that the UK government should not be providing millions in aid to booming countries such as Brazil, India and China.
You may have an interest in also reading…
Tech-Up Transition for Philippines Bank has Swept the Nation Along Towards an Enticing Digital Future
UnionBank is a pioneer of digital technology with a focus on inclusion and customer service UnionBank of the Philippines (UnionBank)
Decoding Sanae Takaichi’s Unyielding Conservatism
Sanae Takaichi’s rise to become Japan’s first female Prime Minister has inevitably earned her a sobriquet that evokes both admiration
Technology Giants and the Emerging Disruptors: Asia Pacific’s Powerhouse
The region is now regarded as the global epicentre of innovation. The Asia Pacific region, home to both established tech
