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Proceeding contribution from Lord Sarwar (Labour) in the House of Commons on Thursday, 14 July 2011. It occurred during Adjournment debate on Future of CDC.


Future of CDC

As a fellow member of the Committee, I praise the Chair and his draft, which we accepted without any amendments. He rightly says that diaspora communities want to invest in their mother countries. One example is the Pakistani community, which invests heavily in Pakistan. However, one regular problem is that the investments are risky and do not give the returns sought. If CDC reformed itself to appeal to diaspora communities, that could lead to much more effective aid and development in their countries.


Secondary information

Type
Proceeding contribution
Reference
531 c156WH 
Session
2010-12
Chamber / Committee
Westminster Hall
Subjects
Debts Commonwealth Developing countries Development aid Investment Private sector Pay Management CDC
Link
View this Proceeding contribution on www.publications.parliament.uk