Ukraine: Overseas Loans

Summary

To ask the Chancellor of the Exchequer, whether the £2.26bn loan for Ukraine will be included in the GDP figure for defence expenditure.

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Timeline

1. 23 October 2024

   Written question

   To ask the Chancellor of the Exchequer, whether the £2.26bn loan for Ukraine will be included in the GDP figure for defence expenditure.

   Source: Commons

2. 28 October 2024

   Answer

   The UK’s contribution to the ERA will be provided to the Government of Ukraine as a loan from the UK Government, for them to spend on military procurement. Because it is not direct UK defence spending, HMG’s assessment is the £2.26bn ERA loan will therefo...

   Source: Written answer

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• · Treasury · Answering body

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