Commons Sense

House of Commons · Written Ministerial Statement

DHSC Contingencies Fund Advance

17 December 2020 · Department of Health and Social Care

Proposed by Matt Hancock

NHS

Summarised by AI from the official record, so it can contain mistakes.

View on Parliament.uk

At a glance

Key points

  • DHSC requests parliamentary approval for additional resources to cover Covid-19 pandemic costs.
  • The DHSC seeks a 34 billion cash advance from the Contingencies Fund pending approval.
  • The advance will be repaid after the Supply and Appropriation Act receives Royal Assent.

Issue summary

The statement addresses the DHSC's request for a significant cash advance to cover the increased costs associated with the Covid-19 pandemic.

Action requested

DHSC seeks parliamentary approval for additional resources and capital to repay the Contingencies Fund advance after the Supply and Appropriation Act receives Royal Assent in March 2020. Pending approval, urgent expenditure will be met by a £34 billion cash advance from the Contingencies Fund.

Key facts

  • DHSC seeks a £34,000,000,000 repayable cash advance.
  • The Net Cash Requirement cash limit was fully used between April 2020 and December 2020.
  • Parliamentary approval for additional resources of £33,350,000,000 and capital of £650,000,000 will be sought.
  • Urgent expenditure estimated at £34,000,000,000 will be met by the Contingencies Fund.
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