Value for Money: a very simple idea

Reblogged from Phil Vernon's blog:

There has been a great deal of noise, confusion, and at times sound and fury, over Value for Money (VfM) among overseas development NGOs based in the UK, of late. This is because so many of us depend on UK government funding from DFID, which has been taking VfM more seriously since the last election - and not surprising it has, given the degree of scepticism about overseas aid among UK taxpayers, some MPs, and journalists.

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