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◕ SundialUpdated 5 days ago
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International

UK faces £400m shortfall in international aid funding

UK faces £400m shortfall in international aid funding by 2027, according to official forecasts.

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UK faces £400m shortfall in international aid funding
UK aid workers preparing to distribute supplies in a developing country

Key Takeaways

  • UK set to miss 0.3% of national income target for international aid by £400m.
  • Forecast indicates shortfall below 0.3% of national income in 2027.
  • Center for Global Development (CGD) calculations confirm predicted shortfall.

The UK is on course to miss its target of spending 0.3% of national income on international aid by an estimated £400 million by the end of 2027, according to official forecasts.

This shortfall, as calculated by the Center for Global Development (CGD), highlights the potential failure to meet the government’s commitment to allocate a significant portion of the national budget to overseas aid.

The CGD’s findings suggest that the UK’s international aid spending is likely to fall short of the promised 0.3% of national income, a target set by the government to align with global commitments to poverty reduction and development.