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15h ago

UK Confirms Major Foreign Aid Cuts, Shifts Focus to Expertise and Investment

Baroness Chapman outlines strategy to reduce aid budget by £6.1 billion, closing programs and prioritizing multilateral funds over direct bilateral aid.

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Some £6.1 billion is being cut from the aid budget by the government

Overview

  • The UK government will reduce its foreign aid spending from 0.5% to 0.3% of GNI by 2027, cutting £6.1 billion from the development budget.
  • Baroness Jenny Chapman, defending the cuts, stated the UK will focus on leveraging national expertise and treating itself as 'an investor, not just a donor.'
  • Programs supporting gender inclusion, education, and digital access have been earmarked for closure to meet savings targets.
  • £4.3 billion of the aid budget is ring-fenced for migration-related costs, limiting flexibility in reallocating funds to development projects.
  • The UK is considering shifting bilateral aid into multilateral initiatives like Gavi and the Global Fund while falling behind other nations in aid contributions as a percentage of national income.