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
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- 2024-04-11 18:19:30 +0100
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_761600
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