UK sets out its development aid priorities following announcement of funding cut

UK Foreign Secretary Dominic Raab has informed the House of Commons in London of the Foreign, Commonwealth & Development Office’s plans to overhaul Britain’s Official Development Assistance (ODA). This followed the UK government’s decision to temporarily reduce its ODA from the current 0.7% of gross national income (GNI) to 0.5% next year. (GNI is the total amount of money earned by a country’s people and businesses, regardless of where it was earned.) “The UK is facing the worst economic contraction in almost 300 years, and a budget deficit of £400-billion – double that of the last financial crisis,” he pointed out. “Britain is responding to a health emergency, but also an economic emergency, and every penny of public spending will rightly come under intense scrutiny by our constituents.”

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