The U.N implemented a threshold of 0.7% of Gross National Income (total of domestic and foreign output by residents of a country) on overseas development aid for all developed countries. Moreover, since 2015 the U.K legislation requires the government to allocate 0.7% of Gross National Income on foreign aid each year.
In the manifesto of 2017, the Conservative Party pledged to honour this requirement to provide assistance for developing countries.
According to the preliminary statistics, the U.K assigned 0.7% of its Gross National Income as part of the Official Development Assistance (ODA) for developing countries.
Additionally, the government provided £13,933 million which represents an increase of 4.2% (£555 million) since 2016.
Despite growing criticism urging to cut UK’s spending on aid for development – notably by the former foreign secretary and now Prime Minister, Boris Johnson – the government has successfully committed to spend 0.7% of gross national income for developing nations. Therefore, we can consider this promise as ‘done’.
Want to read more?
- Statistics on International Development – Gov.uk
- Reality check: How much does the UK spend on overseas aid? – BBC
- Boris Johnson calls for UK’s aid department to be closed – FT.com
- May to resist pressure to cut Britain’s foreign aid commitment – The Guardian
- Foreign aid to be shifted to support UK Policy, Johnson says – BBC