Treasury written question – answered at on 2 August 2024.
Rachael Maskell
Labour/Co-operative, York Central
To ask the Chancellor of the exchequer, when she plans to spend 0.7% of Gross National Income on Official Development Assistance.
Darren Jones
The Chief Secretary to the Treasury
This Government is committed to restoring ODA spending at the level of 0.7 per cent of GNI as soon as fiscal circumstances allow. The Government will set out its approach to the House in due course.
Yes3 people think so
No2 people think not
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The chancellor of the exchequer is the government's chief financial minister and as such is responsible for raising government revenue through taxation or borrowing and for controlling overall government spending.
The chancellor's plans for the economy are delivered to the House of Commons every year in the Budget speech.
The chancellor is the most senior figure at the Treasury, even though the prime minister holds an additional title of 'First Lord of the Treasury'. He normally resides at Number 11 Downing Street.
