Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether he has made an estimate of the additional annual cost to the Exchequer of increasing Official Development Assistance spending from 0.3 per cent to 0.7 per cent of Gross National Income in each of the next five financial years.
At Spring Statement 2025 the Government took the decision to reduce the UK ODA budget to the equivalent of 0.3% of GNI by 2027 to fund a necessary increase in defence spending. Spending Review 2025 details departmental ODA budgets 2025/26 to 2028/29 that reflect this decision. The Government monitors future forecasts closely and will review and confirm, in accordance with the International Development (Official Development Assistance Target) Act 2015 whether a return to spending 0.7% of GNI on ODA is possible against the latest fiscal forecasts.