Here is brief look into foreign aid

1. Foreign Aid –
Transparency and
Accountability
By: Paul Young, CPA, CGA
Date: October 23, 2017

2. Paul Young - Bio
• CPA, CGA
• Financial Solutions
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Financial Solutions
• SME – Supply Chain Management
• SME – Business Strategy and Restructuring
Contact information:
Paul_Young_CGA@Hotmail.com

3. Disclaimer
• This presentation is one opinion of Foreign Aid

4. Agenda
• What is Foreign Aid
• UN and Foreign Aid
• Canada and Foreign Aid
• Corruption Index
• Budget
• Foreign Aid by Country
• Key Countries/Issues
• North Korean and Africa
• Transparency/USA
• Transparency/Canada
• UN/Oversight Foreign Aid

5. What is Foreign Aid?
• economic, technical, or military aid given by one nation to another for
purposes of relief and rehabilitation, for economic stabilization, or for
mutual defense.

6. UN and Foreign Aid
• Foreign aid or (development assistance) is often regarded as being too much, or wasted on
corrupt recipient governments despite any good intentions from donor countries. In reality, both
the quantity and quality of aid have been poor and donor nations have not been held to
account.
• There are numerous forms of aid, from humanitarian emergency assistance, to food aid, military
assistance, etc. Development aid has long been recognized as crucial to help poor developing
nations grow out of poverty.
• In 1970, the world’s rich countries agreed to give 0.7% of their GNI (Gross National Income) as
official international development aid, annually. Since that time, despite billions given each year,
rich nations have rarely met their actual promised targets. For example, the US is often the
largest donor in dollar terms, but ranks amongst the lowest in terms of meeting the stated 0.7%
target.
• Furthermore, aid has often come with a price of its own for the developing nations:
– Aid is often wasted on conditions that the recipient must use overpriced goods and services
from donor countries
– Most aid does not actually go to the poorest who would need it the most
– Aid amounts are dwarfed by rich country protectionism that denies market access for poor
country products, while rich nations use aid as a lever to open poor country markets to their
products
– Large projects or massive grand strategies often fail to help the vulnerable as money can
often be embezzled away

7. Oversight / UK view
• Foreign aid contractors that make huge profits and spend taxpayers' money on lavish salaries will be named and shamed for the first time
under Government plans.
• Priti Patel, the International Development Secretary, has written to all her department's suppliers, demanding that they in future "deliver value
for money" for taxpayers.
• That will include giving a detailed breakdown of employees' salaries as well as profits being made by the company as a result of its contract
with the foreign aid department.
• Senior Conservatives are demanding that Theresa May reviews the Government's legal commitment to spend 0.7 per cent of GDP annually on
foreign aid. Britain currently spends more than £12billion annually on foreign aid.
• David Miliband, the former Labour MP who is now president of the US-based International Rescue Committee, receives £530,922. His charity
has been given £3.6m in British aid.
• Helle Thorning-Schmidt, the former Danish Prime Minister who is now head of Save the Children, receives a pay and pension package worth
£246,750 a year.
• The organisation was last year given aid contracts worth £104million by Dfid. In recent days it has also emerged that Britain gave £1.3billion in
foreign aid to help people in the 20 most corrupt countries in the world in 2015, research claims.
• Analysis of an annual index of global corruption compiled by the respected organisation Transparency International has shown the UK's
spending on corrupt countries has increased from just over £1 billion last year. Aid rose by more than 50 per cent in Afghanistan to £300
million and by 11 per cent in Nigeria to £263 million
• Source - http://www.telegraph.co.uk/news/2016/12/25/foreign-aid-contractors-do-not-deliver-value-money-named-shamed/

8. Corruption Index

9. LPC / Foreign Aid
Source - https://www.thestar.com/opinion/editorials/2017/06/12/the-trudeau-
government-falls-short-on-foreign-aid-editorial.html

10. Liberal Party of Canada and Conservative
Party of Canada – Foreign Aid
• Source -
https://beta.theglobeandmail.com/news/politics/trudeau-
taking-foreign-policy-cue-from-tory-
Globe & Mail – March 8, 2017

11. Budget 2015/2016 – Canada

12. Canada and Foreign Aid

13. Foreign Aid by Country

14. Foreign Aid - Haiti

15. Foreign Aid - Hamas
Canada Foreign Aid

16. Foreign Aid - Mali

17. Namibia
Source = http://www.cnn.com/2017/10/22/africa/north-korea-
africa/index.html?sr=twCNN102317north-korea-
Heroes' Acre looms on a hill overlooking Windhoek, Namibia's tidy capital.
Under a brilliant blue sky, a series of granite steps slope upwards in a wedge toward a triumphant bronze
statue of an unknown soldier.
In one hand the liberation-struggle soldier carries a Kalashnikov rifle. In the other, he's throwing what
looks like a Soviet-era stick grenade.
The communist-style design is no coincidence. Heroes' Acre was built by a North Korean firm.

18. African countries and North Korea
Source = http://www.cnn.com/2017/10/22/africa/north-korea-
africa/index.html?sr=twCNN102317north-korea-

19. USA/ Transparency
Source - https://www.devex.com/news/us-congress-approves-
long-sought-foreign-aid-transparency-and-accountability-act-88392

20. Transparency/Canada
• Source - http://www.mcleodgroup.ca/2016/06/29/opaque-transparency-in-canadas-
foreign-aid/

21. UN/Foreign Aid
• Source - https://www.breakingisraelnews.com/75938/un-ambassador-danon-launches-battle-block-aid-money-hamas/

22. USA/Trump and Foreign Aid
• http://www.humanosphere.org/world-politics/2017/05/trumps-foreign-aid-cuts-pose-threat-to-development-in-latin-america/
The proposed budget cuts for the 2018 fiscal year would slash current
foreign aid funding (which makes up less than 1 percent of the budget)
by one-third. If the cuts are approved by Congress, U.S. funds for foreign
assistance would reach levels not seen since the 1970s and 1990s.
Foreign policy experts warn that the cuts would be felt deeply by countries
across Latin America and the Caribbean. In 2016, the United States
provided more than $1 billion in development aid to countries in the
Western Hemisphere. The draft budget seeks to reduce that figure by
almost 40 percent, zeroing out funding for development programs in the
region’s most economically stressed countries – El Salvador, Guatemala,
Haiti, Honduras, Mexico, Brazil, Paraguay and Peru, among others.

23. UN and Foreign Aid
• http://news.nationalpost.com/opinion/geoffrey-clarfield-the-united-nations-is-losing-
staggering-sums-to-corruption-mismanagement-and-bad-decision-making
National Post – June 15, 2017

24. Palestine and Funding
Source - http://www.frontpagemag.com/point/266645/palestinian-authority-boss-refuses-stop-funding-daniel-greenfield
The Palestinian Authority provides salaries to convicted terrorists and
to the families of dead terrorists, including Hamas. A sizable portion of
the PA budget, which is funded by foreign aid, a lot of it coming from
us, goes to funding terrorism.
The PA has made it very clear that it will go on funding terrorism. Abbas
shouldn't have been rewarded with a trip to meet with Trump until he
committed to ending those payments. There should be no talk of further
negotiations until the PA stops funding terrorism.
The Islamic terror funded by the Palestinian Authority and Abbas hasn't
just killed Israelis or even just American Jews, but Americans who
happened to be there when a terrorist struck.

25. PM – Justin Trudeau / Foreign Aid
Source - https://www.spencerfernando.com/2017/05/25/globalist-trudeau-gives-billions-foreign-aid-53-reserves-lack-real-fire-protection/
Spencer Fernando – May 25, 2017