Ministers ‘massaging’ aid money

Debt cancellation to be counted towards aid targets for the first time

by Symon Hill 6th January 2012

Ministers have been accused of using ‘made-up money’ to meet their overseas aid targets. They plan to cancel a debt owed by Sudan and have said the money involved will be counted as aid.  The Department for International Development made the admission in an email to Jubilee Debt Campaign. The campaigners say the debt is based on (apparently arbitrary) interest rates and was not expected to be repaid.