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Evening Standard
Evening Standard
World
Jessica Knibbs

What is the UK’s current overseas aid budget? Jeremy Hunt rules out return to 0.7% target

Jeremy Hunt said due to a ‘significant shock to the public finances’, it was not possible to return to 0.7 per cent of gross national income

(Picture: PA Wire)

Jeremy Hunt announced in his Autumn Statement that foreign aid would remain at 0.5 per cent until April 2028, going against the Conservative Party’s 2019 manifesto pledge.

Due to a “significant shock to the public finances,” the Chancellor of the Exchequer said it was not possible to return to 0.7 per cent of gross national income (GNI). He said this situation would remain “until the fiscal situation allows”.

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