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Contingencies Fund Advance

28 February 2024

Proposing MP
Dumfries and Galloway
Type
Written Ministerial Statement
Department
Scotland Office

At a Glance

Issue Summary

The statement addresses the need to seek a repayable cash advance from the Contingencies Fund for the Scottish Government.

Action Requested

The Scotland Office intends to seek an advance of £703,711,000 from the Contingencies Fund pending parliamentary approval of the Supplementary Estimate 2023-24. The amount will be repaid immediately after approval.

Key Facts

  • The Department requires a cash advance to meet Scottish Government’s budget requirements.
  • £703,711,000 is the estimated urgent expenditure pending parliamentary approval.
  • Repayment of the advance will occur following approval of the Supplementary Estimate.
Assessment & feedback
Summary accuracy