Written Question·Treasury·UIN 10746
Ukraine: Overseas Loans
Tabled: 23 October 2024
Answered: 28 October 2024
Named DayQuestion
James Cartlidge
Conservative — South Suffolk
To ask the Chancellor of the Exchequer, whether the £2.26bn loan for Ukraine will be included in the GDP figure for defence expenditure.
Answer
Darren JonesThe UK’s contribution to the ERA will be provided to the Government of Ukraine as a loan from the UK Government, for them to spend on military procurement. Because it is not direct UK defence spending, HMG’s assessment is the £2.26bn ERA loan will therefo...
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