The UK government cuts foreign aid budget by £2 billion, reducing ODA from 0.58% to 0.5%.

The British government is reducing its Official Development Assistance (ODA) budget by 2 billion pounds, lowering foreign aid from 0.58% to 0.5% of Gross National Income. This change will decrease the aid budget from 15.3 billion pounds in 2023 to 13.3 billion in 2024-2025. Critics, including Bill Gates, argue this undermines support for vulnerable populations, while the government maintains its goal of reaching the 0.7% target depends on economic recovery.

November 04, 2024
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