Submitted on Tuesday 29th December 2015
Published on Tuesday 5th January 2016
Current status: Closed
Closed: Tuesday 5th July 2016
Signatures: 136
Limit overseas aid to £4 billion in order to only cover natural disasters.
Currently the UK spends £12 billion, all of which it has to borrow, on overseas aid. As a percentage of GDP this is four times that of the USA which is the largest aid giver in the world. In effect the UK is adding to its debt each year that it carries on this ludicrous policy.
40% of the overseas aid budget multilateral organisations, such as the United Nations and is wasted.
Aid goes to countries that can well afford to look after their own such as India.
What is being done is equivalent to a family borrowing money on it credit card so it can give it away and hence continue to increase its debt year on year.
The overseas aid budget is forecast to reach 16 billion by 2020.
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