Mr Davies is a critic of the rising aid budget
A report by the Centre for Policy Studies said the UK should pull the plug on money sent to Brussels but not give the savings made to the Department for International Development.
Senior Conservative MP Philip Davies, a critic of the rising aid budget, said: “I very much welcome this report.
“When is common sense going to prevail and the Government change its stance on overseas aid?
“The public think the current policy is mad as now do the think tanks.”
Britain's aid budget ballooned under Mr Cameron's premiership to more than £12billion a year
The public think the current policy is mad as now do the think tanks
Britain’s aid budget ballooned under David Cameron’s premiership to more than £12billion a year, despite big austerity cuts elsewhere.
The CPS report said the link between overseas aid and overall long-term poverty reduction was “unclear”.
It added that the DfID faced “significant challenges” and many of its direct financial programmes had been “questionable”.
The report highlighted allegedly wasteful spending including on aid consultants – such as Adam Smith International which reportedly rewarded its already well-paid directors with six-figure dividends.
About one third of UK aid money goes direct to multinationals bodies which “there is a strong argument to suggest are even less effective than DfID”, warned the report.
They include the European Commission, to which the UK sent £1.4billion in 2015 to distribute on EU aid schemes.
The report added: “Evidence suggests that the UK has little influence over how this money is spent.”
John O’Connell, chief executive of the TaxPayers’ Alliance, said: “It is certainly high time we reviewed our arbitrary aid target. British people are generous and will always be there to support the world’s most vulnerable people but this target measures the success of our aid programme by the money we spend rather than the efficacy of individual projects, doing very little to encourage efficiency.
UK Foreign Aid: Where did it all go?
Mon, January 16, 2017
Public mood changes following scandals over how the money is allocated. This is where the UK Foreign Aid was being spent in 2015.
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India = £150.4m
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“Money leaving these shores wasted on ineffective projects lets down hard-pressed taxpayers in this country as well as those who truly need our help abroad.”
A DfID spokesman said: “The aid budget makes the UK safer and is a key part of global Britain’s international leadership as we leave the EU.
“DfID is committed to ensuring results for the world’s poorest and value for money for UK taxpayers. British people can be proud of what UK aid is achieving today and the lives it will save in the future.”