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Defence: Finance

Asked by Mr Mark FrancoisConservativeTreasuryTabled Answered 3 March 2025UIN 33394

The question

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 bu

Answered by Darren Jones

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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