Department for International Development written question – answered at on 14 September 2017.
To ask the Secretary of State for International Development, what recent progress she has made on the recapitalisation of the Commonwealth Development Corporation (CDC); and what plans she has to enable parliamentary scrutiny of the CDC Business Case and its recapitalisation.
The passage of the CDC Bill earlier this year enabled significant, and welcome, parliamentary scrutiny of CDC as an institution, and of the case for recapitalisation of it. Issues raised by Parliamentarians from all sides of the House fed into CDC 2017-21 Strategic Framework, launched earlier this year. As is normal practice, the CDC recapitalisation business case will be subject to government review and quality assurance processes, and will be published once approved by Ministers. My Department will continue to engage closely with Parliamentarians on all aspects of CDC’s work, and we welcome constructive input from all sources.
Yes1 person thinks so
No1 person thinks not
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