Foreign aid spending in the UK is falling by £ 712 million to £ 14.5 billion due to the impact of the coronavirus pandemic, which fell for the first time since the global financial crisis in 2007
- International aid spending statistics for 2020 show it fell by £ 712 million to £ 14.5 billion
- Illustration related to the UK’s economic prosperity hit by the Covid shutdown last year
- First decline in UK aid spending since the global financial crisis in 2007
UK spending on foreign aid fell by nearly three quarters of a billion pounds last year due to the coronavirus pandemic.
New statistics on the UK’s international aid spending in 2020 show it fell by £ 712m to £ 14.5bn.
The preliminary figure is related to the UK’s Gross National Income (GNI) and therefore was hit by the economic disaster of the pandemic in 2020 when the UK SPS was largely closed for many months.
The drop marks the first drop in UK aid spending since the global financial crisis in 2007.
The new figures, released today by the Office for Foreign Affairs, Commonwealth and Development, prompted the government to reconsider its plan to cut aid spending from 0.7 percent of GNI to 0.5 percent to help the United’s recovery To stimulate the kingdom.
Layla Moran, Lib Dem’s foreign affairs and international development spokesperson, said: “These statistics remind us that UK aid spending would always be cut because of the pandemic – that is the reason for a GNI target. When the economy shrinks, so does the development budget.
‘The government is acting illegally and dishonestly by waiving the 0.7 percent GNI spending commitment and cutting UK aid even further.
Layla Moran, Lib Dem’s foreign affairs and international development spokesperson, said: “The government is acting illegally and dishonestly by foregoing 0.7 percent of GNI spending and further cutting UK aid.”
‘Bilateral projects in Africa will lose the most. The Conflict, Stability and Security Fund already recorded an 18.1 percent decline in funds in 2020. How can we even further reduce spending in our strategic interest?
“UK Aid and Development represents the best of UK humanitarian values. The Liberal Democrats urge Dominic Raab to do the right thing and submit his illegal decision to parliament for vote after the break.
“Cutting our aid spending and breaking our promise to the world’s poorest mock conservative global ambitions and our reputation on the world stage.”
It was announced last month that Boris Johnson’s plan to cut foreign aid budget would be slashed amid fears of a Tory rebellion.
The ministers had announced that they would change the law to reduce the target of spending 0.7 percent of national income on international development to 0.5 percent.
This would have allowed them to cut the handouts by £ 4 billion to around £ 10 billion and keep them at lower levels for years.
Amid warnings that proposals that would violate a promise made in the Tory election manifesto of 2019 will be blocked in both houses of parliament, the government is considering alternatives such as missing the 0.7 percent target as a one-off result this year and the return to this goal in 2022.
This means the foreign aid bill could jump back to around £ 14 billion in just a year.
Officials are investigating whether the one-off cut could come through a loophole that could miss the target for reasons such as the economic situation without the need for a new law. Foreign Minister Dominic Raab had previously ruled out this option.
When he announced the proposed cuts in aid last November, Raab told MPs that a new law was needed as the government could not rely on the limited exemption only [existing] Legislation’.
An FCDO spokeswoman said: ‘The UK is a world leader in international development. In 2020, we spent £ 14.5 billion fighting poverty and helping those in need, despite the seismic impact of the pandemic on the UK and the global economy.
“This included £ 1.4 billion in support of international efforts to fight the coronavirus and £ 1.3 billion in humanitarian aid. The FCDO has provided more than half of our regional bilateral aid to African countries.
“As a development superpower and one of the largest donors to the G7, the UK will ensure that aid is used even more effectively in 2021 to address global challenges while working in the UK’s national interest.”