UK law still requires the Government to spend 0.7% of the national income on aid.
MPs will decide on that, and so the level of the UK's aid budget.
Our new analysis of the planned cut; and 5 issues they may have missed:
MPs will decide on that, and so the level of the UK's aid budget.
Our new analysis of the planned cut; and 5 issues they may have missed:
1) It will at least undermine, and effectively break, the UK's Paris climate finance pledge
Because climate finance has to be new and additional, and the cut will mean it isn't.
Because climate finance has to be new and additional, and the cut will mean it isn't.
2) The pace of cuts creates major VfM risks
The NAO (and the aid watchdog) will be able to assess in time for the next election
The NAO (and the aid watchdog) will be able to assess in time for the next election
3) Bi-lateral aid will likely need to be HALVED
Due to existing commitments like refugee spend, EU commitments, and climate.
Due to existing commitments like refugee spend, EU commitments, and climate.
4) Brexit has already cut UK overseas spending
Equivalent to £6bn, over a third of the current aid budget - this non-aid EU spend will fall to near-zero in 2025
Equivalent to £6bn, over a third of the current aid budget - this non-aid EU spend will fall to near-zero in 2025
5) Other G7 nations are finally following the UK's lead
France and Germany will go beyond 0.5 this year; and as G7 chair, the UK could ask them to do more, rather than cut
France and Germany will go beyond 0.5 this year; and as G7 chair, the UK could ask them to do more, rather than cut