Defence: Finance
The question
To ask the Secretary of State for Defence, whether the Defence Investment Plan will report based on a cost envelope in relation to (a) his Department's budget or (b) NATO qualifying defence expenditure.
Answered by Maria Eagle
The Defence Investment Plan will set out the Department's spending plans to deliver the vision of the Strategic Defence Review against its forecast budget. This will be based on the Department's Spending Review settlement, and the MOD's projected share of the Government's ambition to spending 3% of GDP on defence in the next Parliament as and when fiscal and economic conditions allow.
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