Thursday - March 24, 2011

aid to africa has been money wasted.  who’d have guessed that?

This fellow isn’t the most popular man in the UK I confess.  Only know what I hear ppl say about him. The wife tells me he is referred to as The Prince of Darkness.
However .... being of the left doesn’t mean he has always been wrong. At least he has this right.

The question is .... why has it taken so long for someone associated with the left, to say what most already know and have known for years and years.

No need to post the entire article. It caught my eye and thought I’d share this huge surprise for all conservatives, who will I know be shocked by the news.

Africa aid has been wasted and created army of beggars, says Mandelson
By GERRI PEEV

Most of the aid sent to Africa in the past half century has been wasted and has turned the region’s countries into ‘professional beggars’, according to Peter Mandelson.

The former Cabinet minister gave one of the harshest assessments yet of successive governments’ aid policies, warning that Britain had failed to help African economies grow.

Lord Mandelson, a former business secretary, insisted that the money should have been poured into trade rather than handouts.

The Labour peer told The Times Summit on Africa in London: ‘Most of the aid we have sent to Africa over the last five decades has probably, in the main, been wasted as far as growth is concerned.

‘I’m not anti-aid, but if you ask me where I would put my money, it would go on trade rather than aid as a key to African economic development.’

His extraordinary intervention comes as many on the Tory backbenches are questioning the wisdom of the Coalition’s policy to ringfence overseas aid while making cutbacks elsewhere.

READ MORE

Posted by peiper     on 03/24/2011 at 10:14 AM   
Filed Under: • Africa •  
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