On Wednesday, the government announced that Britain is going to offer an extra £2.1 billion to prepare for leaving the European Union, with or without a deal, doubling its current 2019 budget.
A total amount of £1.1 billion will immediately be released by the Finance Minister Sajid Javid to “prepare critical areas” for departing the bloc on October 31 with a further £1 billion available “should it be needed,” stated his department.
It further claimed that the extra cash will be used to launch a public information campaign and “accelerate preparations at the border, support business readiness and ensure the supply of critical medicines,”
Boris Johnson has vowed to take Britain out of the EU on the deadline on October 31 despite the warning that leaving the EU without a deal may trigger economic chaos. To prepare for Brexit, Britain has made £6.3 billion available including £4.2 billion for 2019.
“With 92 days until the UK leaves the European Union it’s vital that we intensify our planning to ensure we are ready,” stated Javid.
“If we can’t get a good deal, we’ll have to leave without one. This additional £2.1 billion will ensure we are ready to leave on 31 October – deal or no deal,” he added.
For border and customs operations, £344 million was targeted which is likely to help fund 500 extra border force officials and improve transport infrastructure around ports.
Previously, Britain decided to leave the EU on March 29 but MPs canceled then Prime Minister Theresa May’s proposal struck with Brussels three times, forcing her to ask for an extension. Johnson after becoming the new Prime Minister last week confirmed that Britain will leave the EU on the new deadline of October 31.