Britain’s economy has been through a difficult time.
One response by policymakers has been to cut back on their development budget.
In 2020, the government decided to cut overall aid spending from 0.7% of the country’s gross national income to 0.5%. Then, the money that was set aside for development was apparently being spent at home to fund the costs of housing refugees instead of being funneled to development projects abroad.
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About the author
Omar Mohammed
Omar Mohammed is a Foreign Aid Business Reporter based in New York. Prior to joining Devex, he was a Knight-Bagehot fellow in business and economics reporting at Columbia University Graduate School of Journalism. He has nearly a decade of experience as a journalist and he previously covered companies and the economies of East Africa for Reuters, Bloomberg, and Quartz.
