The Department of Foreign Affairs and Trade (DFAT) is the Australian government agency responsible for the design and delivery of the Australian aid program. In 2014, the Minister for Foreign Affairs made a speech entitled The New Aid Paradigm, in which she outlined a greater focus on working with the private sector and on PSD, going forward. You can read the speech here.
Australia’s general aid policy is given in more detail in a document entitled “Australian aid: promoting prosperity, increasing stability, reducing poverty” (June 2014). Information about the performance framework is available here; overall, the emphasis is on key targets, innovation, and working more with the private sector.
Private Sector Development (PSD) strategy
- Strategy for Australia’s aid investments in private sector development, 2015.
- DFAT Private sector development web-page
Private Sector Partnerships strategy
- Creating shared value through partnership: Ministerial statement on engaging the private sector in aid and development, 2015
- Business Partnerships Platform web-page
- DFAT Private sector partnerships web-page