LONDON: New British prime minister Rishi Sunak is considering freezing the country’s foreign aid budget for an additional two years, the Telegraph reported yesterday, citing sources.Britain’s spending on foreign aid is set at 0.5% of national income. The government had cut its foreign aid spending two years ago as the country faced a huge hit to public finances due to the coronavirus pandemic.Sunak, who was finance minister at the time, had said last year that foreign spending should return to 0.7% of economic output by 2024-2025.However, according to the Telegraph report, officials are considering extending the foreign aid spending cut by another two years to 2026-2027.The report added ther
Hence then, the article about uk pm sunak could freeze foreign aid for 2 more years was published today ( ) and is available onDaily Sun ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( UK PM Sunak could freeze foreign aid for 2 more years )