An investment branch of the UK’s Department for International Development (DFID) aid agency has come under fire for subsidizing Avance Ingenieros to build elite housing projects in El Salvador at the expense of the UK taxpayer, according to an investigation by the Guardian newspaper.
“CDC has betrayed its original mandate of poverty reduction by now focusing on lucrative projects that are designed to generate high returns for investors than any benefits for poor communities in the global south,” John Hilary, executive director of War on Want, wrote in the Guardian .... http://www.globalresearch.ca
