Donald Trump set to scrap ‘virtually all’ of US aid budget, ministers have been warned
Cabinet ministers have been informed that Donald Trump will cut almost the whole US aid budget.
World Bank officials have warned International Development Secretary Anneliese Dodds that as the incoming president prioritizes spending for America, US-funded development initiatives overseas may come to a standstill.
Approximately $63 billion, or 1% of the federal budget, was spent by the US on international aid in 2023.
In the meantime, the UK spent over 15.4 billion dollars on foreign projects last year.
Under Boris Johnson, Rishi Sunaks reduced the aid budget from 0.7 to 0.5 percent of GDP while serving as Chancellor.
However, a number of Labour MPs have advocated for a return to the higher threshold.
Although the US and UK collaborate on a number of foreign development projects, their future is looking more and more questionable under a Trump administration.
Richard Tice MP, Deputy Leader of Reform UK, stated: Donald Trump is acting appropriately and prioritizing the people he was elected to represent.
Labour has pledged to freeze pensions and raise taxes while sending billions of dollars in foreign aid overseas.
Reform The UK is the only party that is adamant about cutting foreign aid and prioritizing the needs of the British people.
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