Funding Bus Fare Cap from Aid Budget Will Hit World’s Poorest, Burnham Told The UK government's decision to fund cheaper bus fares by diverting funds from the aid budget has been met with widespread criticism.
While the fare cap itself is a welcome initiative, the funding method raises concerns about its impact on some of the world's poorest countries.
The move involves switching international climate donations from grants to loans. This allows the government to borrow more against these loans without violating borrowing rules.