Question to the HM Treasury:
To ask the Chancellor of the Exchequer, with reference to the Prime Minister's Oral Statement of 25 February 2025 on Defence and Security, Official Report, columns 631-634, if she will make an estimate of the savings to the public purse by reducing the amount spent on official development assistance as a proportion of gross national income.
We are facing a once-in-a-generation moment for the collective security of Europe and must increase our security and defence spending now. To fund this increase, the government has taken the difficult decision to reduce Official Development Assistance (ODA) to the equivalent of 0.3% of GNI by 2027. Future ODA allocations will be decided at Phase 2 of the Spending Review and the ODA savings trajectory will be set out in due course.