Commenting on the news that Britain is to provide the World Bank with more than £2bn over the next three years Liberal Democrat Shadow International Development Secretary, Lynne Featherstone MP said:

“I hope that this news will herald a real change in lending policy. The World Bank will no longer be America’s piggy bank where it can peddle harsh economic reforms that do little to help the world’s poor.

“Real progress is needed on removing bad conditions on loans that have little if nothing to do with development.”