Theresa May freezes almost £1bn in foreign aid to stop taxpayers’ money being WASTED

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Theresa May has frozen almost £1 billion in taxpayer-funded foreign aid to stop it being WASTED.

Foreign Secretary Boris Johnson set up the so-called Empowerment Fund in February with at the aim of giving the cash to Baltic states and other countries to fight the power of ISIS and Russia without having to resort to weapon-based combat.

However, Theresa May’s new national security adviser Mark Sedwill has frozen this vast fund and halted any spending from it.

This isn’t the only area where the government has identified that foreign aid money could be being wasted – a capability review has also been called for the Government’s cross-department Conflict, Stability and Security Fund.

This fund in particular spends more than £1 billion per year on fragile countries such as Syria.

The £1.3 billion Prosperity Fund will also be subject to the same scrutiny in terms of how its cash is used to promote economic development in developing nations.

A spokeswoman for the government said: “The Government is committed to ensuring accountability and transparency in our aid spending.

“This review forms part of our ongoing work to ensure we’re delivering value for taxpayers and results for the world’s poorest.

“Spending on the Empowerment Fund has not yet started and work has been paused while the review takes place.”

This is all excellent news as we have been saying for a long time that our government’s spending on foreign aid is incredibly ill-advised at a time when so many organisations within Britain could do with the cash.

The NHS is just the tip of the iceberg, but surely this money could be better spent on our own health service to stop it falling apart at the seams.