Oireachtas Joint and Select Committees

Tuesday, 1 April 2014

Joint Oireachtas Committee on Foreign Affairs and Trade

Role and Functions: Debt and Development Coalition Ireland

12:50 pm

Ms Nessa Ní Chasaide:

I would make one or two final points on the corruption issue. Certainly arguing for debt cancellation for global southern countries is not seeking to let governments that have engaged in corruption off the hook in any way. What we are pointing out is that it is a two-sided coin. There can be a lack of due diligence and even corruption on the lending side as well. That needs to be looked at in regard to creating international responsible financing rules in terms of lending and borrowing.

On the smaller point relating to the fact that the Debt and Development Coalition is funded by Irish Aid, that does not impact in any shape or form on the independence of our policy position.