Defence: Expenditure

(asked on 26th April 2024) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to the Prime Minister’s defence speech in Warsaw of 23 April 2024, whether the commitment to spend 2.5% of gross domestic product on defence by 2030 has been incorporated into his Department's baseline budgets.


Answered by
Laura Trott Portrait
Laura Trott
Chief Secretary to the Treasury
This question was answered on 1st May 2024

We have made a commitment to steadily increase defence spending, reaching 2.5% of GDP in 2030. We have also set out how we are fully funding this increase in defence spending. We will set departmental budgets in the normal way at the next spending review.

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