Cuts to the UK’s foreign aid budget are to remain for at least another three years, with aid spending below the statutory target of 0.7% until at least 2024-25, the Treasury has announced.
The budget is likely to face a third round of cuts as the Treasury prepares to classify as aid billions of spending including debt relief previously outside the aid budget, so reducing the sums left for core humanitarian aid. Charities claimed “accountancy tricks” would result in £1bn being taken from the aid
Read more on theguardian.com