Advance from the Contingencies Fund:Written statement - HCWS298

WS
Cabinet Office
Made on: 17 June 2020
Made by: Michael Gove (Chancellor of the Duchy of Lancaster and Minister for the Cabinet Office )
Commons

Advance from the Contingencies Fund

The Cabinet Office has sought a repayable cash advance from the Contingencies Fund of £270,100,000.

The requirement has arisen due to increased costs relating to urgent expenditure, including that relating to the COVID-19 response.

Parliamentary approval for additional resources of £107,100,000 and £163,000,000 of capital has been sought in a Main Estimate for the Cabinet Office. Pending that approval, urgent expenditure estimated at £270,100,000 will be met by repayable cash advances from the Contingencies Fund.

This statement has also been made in the House of Lords: HLWS294

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