Poshboy and Bilderberger Chancellor Gideon Osborne increases foreign aid but for the UK..........even more austerity cuts!
I'm proud to increase foreign aid, Osborne says despite Tory calls to scrap ringfence
- Department for International Development given an extra £800million
- Coalition committed to spending 0.7% of national income on overseas aid
- Most other departments face cuts of up to 10% to their budgets
George Osborne today said he was ‘proud’ that the UK government is spending more on foreign aid.
The Chancellor risked the wrath of Tory backbenchers who have called for cuts to international development by announcing an extra £800million for 2015-16.
But to meet the coalition’s pledge to spend 0.7 per cent of national income on aid, money from the Home Office and Business will count towards the target.
Along with health and schools, it was one of the only areas of spending ring fenced by Mr Osborne in his search for an extra £11.5billion of cuts in 2015-16.
In total the UK will spend £12.22billion in its Official Development Assistance commitment.
It means it will spend 0.7 per cent of gross national income in 2015 on helping the poor overseas. It includes an extra £809million in the DFID budget.
Around £100million in science research for helping poor countries from the Department for Business will also count towards the ODA target, along with £100million of Home Office funding for asylum cases.
‘I know not everyone believes we should fulfil our commitment to spend 0.7 per cent of our national income on development.
‘But I do – and I’m proud to support a Government that is the first in our history to meet our pledge and meet it not only this year, but next year and the year after.
‘Of course, overseas development is about more than just the DFID budget, and we comply with internationally policed rules.
‘But the DFID budget is the lion’s share, and it will be set at £11.1 billion in 2015-16.
‘Even in tough times, the decisions we make mean we keep to our commitments.’