EU Aid Target (Hansard, 19 January 2004)

HC Deb 19 January 2004 vol 416 c932W 932W

§ Mr. Bercow
To ask the Secretary of State for International Development what the cost will be to public funds of the UK achieving the agreed EU target of aid amounting to 0.39 per cent. of GNI. [148143]

§ Hilary Benn
Under current spending plans we expect official development assistance (oda) to exceed the EU target and hit 0.4 per cent. of GNI in 2005, a year earlier than the target date. The cost of achieving 0.4 per cent. in 2005, including that part of oda which is not financed through the DFID budget, is estimated to be £4.9 billion.