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Inside the UK aid cut (Devex)

July 24, 2020

From the article:

"Various economic predictions, including the government’s own figures and the International Monetary Fund, predict the U.K.’s gross domestic product to contract by around 10% in 2020.

'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.'"

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Director of Technology and Development and Senior Fellow