British Prime Minister Keir Starmer announced a significant increase in the UK's defense spending to 2.5% of GDP by 2027 to strengthen support for Europe's security amidst ongoing tensions with Russia. The decision, revealed ahead of his meetings with US President Donald Trump, represents a shift in budget priorities, with the additional defense expenditure amounting to 13.4 billion pounds annually by 2027. However, this increase will be financed by reducing the international aid budget from 0.5% to 0.3% of GDP, prompting concerns over aid allocations amidst geopolitical challenges.
Starmer's announcement before his US trip signifies the UK's commitment to enhancing defense spending to 2.5% of GDP by 2027, shifting budgetary priorities.
The defense budget increase comes at a cost, as the UK plans to cut its international aid spending from 0.5% to 0.3% of GDP by 2027.
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