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<p>The 2016 Multilateral Development Review sets out ambitious plans to enhance our
multilateral partners’ financial accountability. We will demand that our partners
meet international aid transparency standards and pass the same expectation to their
partners. We are challenging multilaterals to work towards full transparency by publishing
all spending over £500, as DFID does, and we are expanding our use of payment by results
approaches and performance contracts, to introduce greater accountability. These measures
will further improve the effectiveness of the international aid system, deliver better
value for money for UK taxpayers and better outcomes for the world’s poorest people.</p>
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