Official Development Assistance Target 2023
(3 weeks, 5 days ago)
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The Minister of State, Foreign, Commonwealth and Development Office (Anneliese Dodds)
The FCDO’s Annual Report and Accounts 2023-24, published today, reports that in 2023, on a provisional basis, the United Kingdom did not meet its target to spend the equivalent of 0.7 per cent of gross national income on official development assistance.
The International Development (Official Development Assistance Target) Act 2015 (the 2015 Act) envisages situations in which a departure from meeting the target of spending 0.7 per cent of GNI on ODA may be necessary: for example, in response to “fiscal circumstances and, in particular, the likely impact of meeting the target on taxation, public spending and public borrowing”.
The previous Government reduced the ODA budget to around 0.5 per cent of GNI from 2021.
This Government are committed to restoring ODA spending at the level of 0.7 per cent of GNI as soon as fiscal circumstances allow. The Government will set out their approach to the House in due course.
As required by section 2 of the 2015 Act, an unnumbered Act paper has been laid before Parliament and is in the same terms as this statement.
[HCWS39]