PARLIAMENTARY WRITTEN QUESTION
(3 March 2025)
Question Asked
To ask the Chancellor of the Exchequer, whether the Overseas Development Assistance budget will remain the only funding source for the increase in defence spending throughout this Parliament.
Asked by:
Sir Mel Stride (Conservative)
Asked by:
Sir Mel Stride (Conservative)
Answer
On 25 February 2025 the Prime Minister announced that NATO qualifying defence spending will increase to 2.5% GDP by 2027-28, with Official Development Assistance reducing from 0.5% GNI to 0.3% GNI by the same time point, meaning the uplift is fully funded and that additional funding will be sourced by a reduction in ODA. The final budgets for departments will be announced when the Spending Review concludes on 11 June 2025
Answered by:
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