Flagpost is a blog on current issues of interest to members of the Australian Parliament
A 24 April article in Foreign Policy magazine reports on a leaked United States Government internal budget document detailing proposed cuts to the State Department and US Agency for International Development (USAID) programs for fiscal year (FY) 2018. If these cuts are enacted, some of Australia’s closest and poorest neighbours would be among the most severely affected. Read more...
In the wake of further reductions to Australia’s Official Development Assistance (ODA) programs in the 2016–17 Budget, recent government responses to Questions on Notice (QoN) from Senate Additional Estimates hearings reveal more about where previous cuts have been applied. Read more...
In anticipation of the commencement of operations in 2016, the Asian Infrastructure Investment Bank (AIIB) has been increasing its engagement with potential clients and development partners. The AIIB is one of three major new infrastructure financing initiatives led by China—the other two are the New Development Bank and the Silk Road Fund. The AIIB will have a total authorised capital of US$100 billion and initially aims to lend between US$10 and US$15 billion a year. Read more...
House of Representatives