Changes to the FCDO budget and the implications for Wales and the wider world
Individuals around Wales called on the UK Government to commit to the UN target of 0.7% for overseas development aid. The UK Government didn't.
Regrettably, The Chancellor announced the UK Government is to significantly reduce the UK budget for international development, arguing that the costs of dealing with the coronavirus pandemic meant a temporary cut was necessary.
Under these plans from the Conservatives, overseas aid spending will be reduced from £15.2 billion in 2019 to around £10 billion in 2021. It has been a commitment that the 0.7% target of our Gross National Income (GNI) be met. This target has been every year since 2013 and since 2015, it's been enshrined in law.
Not only will the practical effects of the reduction in budget be felt all over the globe, across generations, they will have severe implications for Welsh NGOs and health partnerships.