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The Economist
The Economist
27 Feb 2025


NextImg:Britain halves its foreign-aid budget
Britain | The last cut is the deepest

Britain halves its foreign-aid budget

Labour will have to choose which promises to break

Britain used to pride itself on being a star among those helping poorer parts of the world. In 2020 it was one of only seven countries that told the OECD, a club of mostly rich countries, that it met the UN’s target of spending 0.7% of gross national income (GNI) on aid. But its politicians keep reducing such aid. In 2021 the Conservatives controversially cut aid spending from 0.7% of GNI to 0.5%. Now Sir Keir Starmer has said that he is chopping it again in order to find extra cash for defence. The latest cut will be to the bone. Aid spending will be just 0.3% of GNI in 2027—not enough to cover everything diplomats have already promised to poor countries.

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This article appeared in the Britain section of the print edition under the headline “The last cut is the deepest”


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