Newton Fund:Written question - 75290

Q
Asked by Chi Onwurah
(Newcastle upon Tyne Central)
Asked on: 16 July 2020
Department for Business, Energy and Industrial Strategy
Newton Fund
Commons
To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps he has taken in the last 12 months to tackle concerns about the Newton Fund as expressed in the July 2019 Independent Commission for Aid Impact report; and what proportion of the 2020-21 research and development budget he plans to allocate to the Newton Fund.
A
Answered by: Amanda Solloway
Answered on: 23 July 2020

In the year since the publication of the ICAI Report, we have implemented many of the ICAI’s recommendations and we are making significant progress in all areas of our Funds’ operations, working closely with our UK and international partners.

This is set out in the Government’s evidence provided to the International Development Sub-Committee on ICAI (https://committees.parliament.uk/writtenevidence/2189/html/).

ICAI themselves have recognised much of the progress made, in their follow-up review published today.

The Newton Fund 2020-21 allocation (revised to £107m) reflects 1% of the Department’s total 2020-21 R&D budget (£10,361m).

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