UK foreign aid spending fell to £ 14.5 billion in 2020, according to preliminary statistics released by the Foreign, Commonwealth Office. This figure is 0.7% of national income, which plummeted due to the enforcement of coronavirus regulations throughout the year.
This decline is the first decline in foreign aid spending since the 2007 financial crisis.
After it was announced last year that Britain abandoned its policy of spending 0.7% of its national income due to the coronavirus crisis and lowered its 2021 target to 0.5%.
Prime Minister Rishi Sunak said the move (a savings of about £ 4 billion a year) was “temporary.”
“These statistics remind us that the UK’s aid spending will always be reduced due to the pandemic, which is GNI’s goal,” said Layla Moran, a foreign and international development spokesman for the LDP. The point of having it.
“As the economy shrinks, so does the development budget.
“The government is acting illegally and fraudulently by renewing 0.7% of GNI’s spending commitments and further reducing UK aid.
“African bilateral projects will lose the most.
“Reducing our aid spending and breaking promises to the poorest people in the world ridicules the Conservative Party’s global ambitions and our reputation on the world stage.”
An FCDO spokeswoman said: “The United Kingdom is a world leader in international development.
“In 2020, despite the pandemic’s significant impact on Britain and the global economy, we spent £ 14.5 billion to combat poverty and help those in need.
“This includes £ 1.4 billion to support international efforts to combat the coronavirus and £ 1.3 billion in humanitarian assistance.
“FCDO provided African countries with more than half of the region’s bilateral assistance.
“As a development superpower and one of the largest donors in the G7, the UK will use aid more effectively in 2021 to address global challenges while addressing the UK’s national interests. Guarantee. “
The Covid pandemic plunged UK foreign aid spending from £ 712m to £ 14.5bn.UK | News
Source The Covid pandemic plunged UK foreign aid spending from £ 712m to £ 14.5bn.UK | News