Under the EU withdrawal agreement the UK still makes payments towards the EU budget for years up to 2020. These budget contributions are not yet final for the years 2010-2020. This release explains the differences between the value of UK Gross National Income (GNI) used to calculate a major part of UK budget payments to the EU, and UK GNI as published in the 2021 Bluebook. This value, known as GNI for Own Resources, is published on the European Commission Europa website.
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Britain s spending on overseas aid fell by almost three-quarters of a billion pounds last year because of the coronavirus pandemic.
New statistics on the UK s international aid spending in 2020 show it declined by £712million to £14.5billion.
The provisionjal figure is linked to the UK s Gross National Income (GNI) level and was therefore hammered by the economic disaster that was the pandemic in 2020, when UK PLC spent many months largely shuttered.
The drop is the first decline in UK aid spending since the global financial crisis bit in 2007.
The new figures released by the Foreign, Commonwealth and Development Office today sparked calls for the Government to rethink its plan to cut back aid spending from 0.7 per cent of GNI to 0.5 per cent to boost the UK recovery.