Written Question·Treasury·UIN 33394

Defence: Finance

Tabled: 25 February 2025
Answered: 3 March 2025
Named Day

Question

Mr Mark Francois

ConservativeRayleigh and Wickford

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

Answer

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.