Defence: Finance

(asked on 5th July 2022) - View Source

Question to the Ministry of Defence:

To ask Her Majesty's Government, following the announcement that defence spending will rise to 2.5 per cent of GDP by 2030, whether they plan to provide a breakdown of estimated defence spending for each financial year from 2022 to 2030 in terms of (1) percentage of GDP, and (2) pounds sterling.


Answered by
Baroness Goldie Portrait
Baroness Goldie
This question was answered on 19th July 2022

While the Department does not routinely publish forecast figures for its spending, a further spending review will be required to determine the available budget beyond 2025. This in turn will determine the annual profile for the years the settlement covers.

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