Defence: Expenditure

(asked on 19th March 2025) - View Source

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 provide a breakdown of the funding sources for the proposed increase in defence spending.


Answered by
Darren Jones Portrait
Darren Jones
Chief Secretary to the Treasury
This question was answered on 27th March 2025

The Prime Minister’s announcement in February is fully funded - we are reducing ODA to the equivalent of 0.3% of GNI to fund the additional spend required to ensure we reach 2.5% of GDP on defence spending in 2027-28.

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