Development Aid
The question
To ask the Chancellor of the Exchequer, pursuant to the Answer of 22 July 2024 to Question 210 on Development Aid, what fiscal circumstances are required for the restoration of the Official Development Assistance budget to 0.7% of gross national income.
Answered by Darren Jones
The Government remains committed to international development and restoring Official Development Assistance (ODA) spending to the level of 0.7 percent of GNI as soon as the fiscal circumstances allow. The ODA fiscal tests determine that a return to 0.7 percent of GNI is possible when the Office for Budget Responsibility (OBR)’s fiscal forecast confirms that, on a sustainable basis, we are not borrowing for day-to-day spending and underlying debt is falling. Each year, the Government will review and confirm, in accordance with the International Development (ODA Target) Act 2015, whether a return to spending 0.7% GNI on ODA is possible against the latest fiscal forecast. In the meantime, the UK remains one of the most generous donors of development assistance amongst the G7.
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