Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether the £2.26bn loan for Ukraine will be included in the GDP figure for defence expenditure.

The UK’s contribution to the ERA will be provided to the Government of Ukraine as a loan from the UK Government, for them to spend on military procurement. Because it is not direct UK defence spending, HMG’s assessment is the £2.26bn ERA loan will therefore not count as NATO qualifying UK defence spending.

It will be in addition to current NATO qualifying UK defence spending.