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Contingencies Fund Advance
28 February 2024
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.
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Assessment & feedback
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