Prosperity Fund – New review begins
ICAI has launched a rapid review of the Prosperity Fund
The UK government has announced the establishment of a Prosperity Fund, worth £1.3 billion over five years, to promote growth and prosperity in key partner countries, particularly emerging markets and middle-income countries.
ICAI has launched a review to assess whether the Prosperity Fund’s governance, systems and procedures are able to ensure effective programming and good value for money. We will also examine whether the design of the fund has been informed by learning from other cross-government aid funds and instruments.
For more information on this upcoming review, please contact the ICAI team.