https://www.taxtmi.com/news?id=35278 The government will raise defence spending to 2.5 per cent of GDP by 2027, delivering an additional GBP 13.4 billion annually from 2027, and will finance this increase by reducing overseas development assistance from 0.5 per cent of GNI to 0.3 per cent of GNI by 2027, reallocating resources from aid to national defence and collective security commitments. en-us Tue, 25 Feb 2025 20:16:03 +0530 Tue, 25 Feb 2025 20:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=35278 The government will raise defence spending to 2.5 per cent of GDP by 2027, delivering an additional GBP 13.4 billion annually from 2027, and will finance this increase by reducing overseas development assistance from 0.5 per cent of GNI to 0.3 per cent of GNI by 2027, reallocating resources from aid to national defence and collective security commitments. News - Tue, 25 Feb 2025 20:16:03 +0530 https://www.taxtmi.com/news?id=35278