Advance from the Contingencies Fund:Written statement - HLWS294

WS
Cabinet Office
Made on: 17 June 2020
Made by: Lord True (Minister of State)
Lords

Advance from the Contingencies Fund

My Rt Hon. Friend, the Chancellor of the Duchy of Lancaster (Michael Gove) has today made the following Written Ministerial Statement:

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 Commons: HCWS298

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