division_name: Commonwealth Development Corporation Bill &#8212; Condition for exercise of power to increase limit: analysis of use of separate financial centres
motion: <p class="indent" pid="c201.3/3" pwmotiontext="yes">&#8220;It remains a significant challenge for CDC to demonstrate its ultimate objective of creating jobs and making a lasting difference to&#160;people&#8217;s lives in some of the world&#8217;s poorest places. Given the Department&#8217;s plans to invest further in CDC, a clearer picture of actual development impact would help to demonstrate the value for money of the Department&#8217;s investment.&#8221;</p>
  
  <p class="indent" pid="c202.0/2" pwmotiontext="yes">&#8220;Through tighter cost control, strengthened corporate governance and closer alignment with the Department&#8217;s objectives, CDC now has an efficient and economic operating model.&#8221;</p>
  
  <p class="indent" pid="c202.2/2" pwmotiontext="yes">&#8220;education providers that charge the end user&#8221;</p>
  
  <p class="indent" pid="c209.1/7" pwmotiontext="yes">&#8220;CDC has exceeded the target for prospective development impact it agreed with the Department.&#8221;</p>
  
  <p class="indent" pid="c213.3/3" pwmotiontext="yes">&#8220;focus its investments into the geographies and sectors where there is the most potential for development impact&#8221;,</p>
  
  <p class="indent" pid="c217.2/2" pwmotiontext="yes">&#8220;no money will go to CDC until a full business case is written in huge detail, which will be prepared in the summer of 2017.&#8221;&#8211;&#8211;[Official Report, Commonwealth Development Corporation Public Bill Committee, <phrase class="date" code="2017-12-06">6 December</phrase> 2016; c. 9.]</p>
  
  <p class="indent" pid="c224.0/3" pwmotiontext="yes">&#8220;It remains a significant challenge for CDC to demonstrate its ultimate objective of creating jobs and making a lasting difference to people&#8217;s lives in some of the world&#8217;s poorest places. Given the Department&#8217;s plans to invest further in CDC, a clearer picture of actual development impact would help to demonstrate&#8230;value for money&#8221;.</p>
  
  <p class="indent" pid="c224.0/8" pwmotiontext="yes">&#8220;Umeme was rated as one of the most corrupt institutions in the country by a Transparency International survey.&#8221;</p>
  
  <p class="italic" pid="c228.1/10" pwmotiontext="yes">The House divided:</p>
  
  <p pid="c228.1/11" pwmotiontext="yes">Ayes 246, Noes 293.</p>