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Limited resources, greater responsibility: the UK must support global financial architecture reform

Summary by Bond
On 25 February, the UK Prime Minister announced his government’s decision to slash the UK Official Development Assistance (ODA) budget from 0.5% to 0.3% of Gross National Income (GNI) by 2027 to fund an increase in defence spending. Civil society has condemned the short-sighted decision and the false dilemma presented by the UK government, which the ONE campaign estimates may threaten the lives of 600,000 people. In a letter calling on the UK go…
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Bond broke the news in on Tuesday, April 15, 2025.
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