With regard to the Defence Policy Update and the statement that “The government is projecting our defence spending to GDP ratio to reach 1.76% in 2029-30”: (a) what is the projected defence budget broken down by fiscal year from 2023-24 to 2029-30; (b) how much of that is allocated from the Defence Policy Update as a dollar value; (c) what is the projected GDP, broken down by fiscal year from 2023-24 to 2029-30; and (d) what is the projected defence spending to GDP ratio broken down by fiscal year from 2023-24 to 2029-30?
In the House of Commons on May 29th, 2024. See this statement in context.