Defence: Finance

(asked on 25th February 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, what proportion of additional defence spending will be funded by transfers from the overseas aid budget.


Answered by
Darren Jones Portrait
Darren Jones
Minister for Intergovernmental Relations
This question was answered on 3rd March 2025

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

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