Overseas Aid

(asked on 8th December 2016) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, whether it is his policy that 0.7 per cent of gross national income is the maximum amount to be allocated to overseas development assistance.


Answered by
David Gauke Portrait
David Gauke
This question was answered on 13th December 2016

In line with the International Development (Official Development Assistance Target) Act 2015, HM Treasury allocates sufficient Official Development Assistance (ODA) funding to maintain an ODA: Gross National Income (GNI) ratio of 0.7% - the only country in the G7 and G20 to meet the UN commitment. This commitment takes account of wider public spending considerations.

The amount spent on ODA will continue to rise in each calendar year, reflecting the Office for Budget Responsibility’s latest economic growth forecasts.

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