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'At £2.9bn, cuts would bring aid spending below 0.7 percent if current economic forecasts are right,' explained Charles Kenny, senior fellow at the Center for Global Development, in an email. 'The exercise appears designed to ensure UK aid spending doesn't rise a penny above 0.7 percent of GNI even if the economy contracts more than expected over the year as a whole.'
Kenny described the decision as “another assault on UK global leadership in development cooperation.'"