end of the day 39000000000 pounds is a huge amount of money but not enough to cripple the economy it will have to cut some funding for long term projects or call on the richer members to actually bridge the gap but the bigger loss would be actually the loss of trust with the trading partner you re right i should just thank you so much last question to author there so the u.k. runs the risk of losing a friend what what other implications could there be for the united kingdom well the really big implication is the one that ashutosh just touched on so in the event of the not paying the bill which to use as their existing commitments it would jeopardize the prospects of future trade deal with the e.u. because the e.u. of said if they don t pay that bill we re not talking about trade that the u.k. can talk all it wants about doing a trade deal with the u.s. but the fact remains its biggest trading partner is the rest of the e.u. so if there s no trade deal with the rest of the e.u. and that
that as far as i understand this issue has not been raised with the e.u. side for the time being officially. now either you commission there on the possibility that the u.k. does not pay the divorce bill let s bring in our financial market correspondent ashutosh pandey on this why not paying your bills doesn t go down well with anyone how much money are we talking about and what would it mean for the e.u. . well monica it s a 39000000000 pounds that both sides of agreed to a 43000000000 euros this is largely the money that you get the rules of coming financial commitments that it has made as far as the budget is concerned future projects that concern even pension for stuff pensions are concerned so that s a payment that both sides have actually agreed upon now as far as the you use the. ability to compensate for this loss is concerned it certainly can i mean i at the
for education over the last 9 years or so and as a matter that were about 39000000000 dollars short on what would need to be spent to really reach those those goals the truth is if we carry on as we are complacency we re walking towards an enormous failure on the goal by 2030 certs wake up time otherwise for 2030 we will still be seeing something close to a quarter of a 1000000000 children adolescents and youth out of school so presumably the donor countries are not the countries who would directly benefit from these donations that don t countries. aren t going to see any direct benefit themselves. well i think they do see darrent than for they actually because countries where people are educated are able to participate in society in the economy with they can contribute to a peaceful society the not the countries that are going to be having the spillover problems which have obviously impacted germany and europe so much in recent times