Question to the HM Treasury:
To ask the Chancellor of the Exchequer, given how the overseas aid budget is determined, what adjustment will be made to the value of that budget in 2020-21 to reflect the fall in GDP.
The UK has a legal commitment to spend 0.7% of its gross national income (GNI) each year on Official Development Assistance (ODA). The government reviews the ODA funding it allocates to projects on a regular basis in order to ensure delivery of its commitment to spend 0.7% of GNI on ODA. Since this commitment is linked to the size of the economy, the level of ODA spend is likely to decrease this year.