My Lords, I added my name to Amendment 30 in the name of the noble Baroness, Lady McIntosh of Pickering, which seeks, as she explained, to increase the levels of accountability and ensure that Parliament can understand Her Majesty’s Government’s strategic priorities and the extent to which they are being met. We discussed this issue in Committee.
Many Members of your Lordships’ House have already expressed concerns about levels of financial accountability in this Bill, and we have a number of amendments that seek to address that. On page 4, line 15, the Bill specifies that the Secretary of State will be,
“monitoring the extent to which the purpose of financial assistance has been achieved.”
The amendment, dealing with the multiannual financial assistance plans, specifies that the Secretary of State will produce annual budgets for each strategic priority. There is a powerful argument that we need this so that the public can have confidence in the spending of public money. I look forward to hearing the Minister’s and indeed other noble Lords’ reflections and responses on the extent to which this amendment can strengthen transparency and accountability.