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And on this, Senegal is providing leadership and putting that leadership into practice, through the Senegal River Basin Organisation. I commend the cooperation that you have fostered with Mali, Mauritania and Guinea on flood defences and hydropower. It’s is a welcome example of managing transboundary water challenges through cooperation rather than conflict.
So what more can be done? Well, the United Kingdom is already active in helping to tackle this set of problems.
And I can confirm today that, despite the challenging fiscal forecasts, we will deliver on our commitment to raising the allowance to £12,500, and the higher rate threshold to £50,000, by the end of this Parliament.
And we will introduce a new penalty for those who enable the use of a tax avoidance scheme that HMRC later challenges and defeats.
The fund will be used for projects such as roads and water connections that will support the construction of up to 100,000 new homes in the areas where they are needed most.
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