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Business: Development Aid

Asked by Sarah OlneyLiberal DemocratDepartment for Business and TradeTabled Answered 27 March 2025UIN 39528

The question

To ask the Secretary of State for Business and Trade, with reference to the Prime Minister's Oral Statement of 25 February 2025 on Defence and Security, Official Report, columns 361-364, if he will make an assessment of the potential impact of reducing Official Development Assistance funding as a proportion of Gross National Income on UK businesses.

Answered by Mr Douglas Alexander

The Prime Minister has set out a new strategic vision for government spending on defence and security, and official development assistance.

Decisions on how the ODA budget will be used will be worked through as part of the ongoing Spending Review and resource allocation processes, based on various factors including impact assessments.

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