Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what progress she is making on returning the level of the aid budget to 0.7% of gross national income.
The Government remains committed to restoring Official Development Assistance (ODA) spending to 0.7% of GNI as soon as fiscal circumstances allow, but this isn’t currently affordable. The OBR’s latest forecast shows that the ODA fiscal tests are not due to be met within the Parliament. The Government will continue to monitor future forecasts closely, and each year will review and confirm, in accordance with the International Development (Official Development Assistance Target) Act 2015, whether a return to spending 0.7% GNI on ODA is possible against the latest fiscal forecast.