Written Question·Treasury·UIN 16728
Defence: Finance
Tabled: 7 July 2026
Answered: 15 July 2026
Question
Callum Anderson
Labour — Buckingham and Bletchley
To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of the Multilateral Defence Mechanism on economic growth.
Answer
Lucy RigbyThe Multilateral Defence Mechanism (MDM) is an innovative and creative way of financing defence spending that provides greater purchasing power, allowing participating countries to improve their capability within unavoidable fiscal constraints. Its focus ...
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