UK Overseas Territories
There are a total of 14 Overseas Territories that have retained a constitutional link with the UK. They are inhabited by around 300,000 citizens and cover a combined area seven times that of the UK. While most are largely self-autonomous, with their own governments and legislative bodies, the Overseas Territories have a strong relational tie to the UK, which assumes responsibility for defence and foreign relations. In a wider sense, the UK also sees its role as “to promote the political, economic, social and educational advancement of the people of the Territories”. The Overseas Territories – a number of which are in the remotest parts of the world – are particularly vulnerable to the global challenges of financial insecurity and a changing environment. Therefore supporting and developing effective public financial management is a key means to ensure that they build strong and resilient economies that provide for their citizens. CPA UK's work with UKOTs centres around building public financial oversight and scrutiny, and democratic strengthening and electoral reform.