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Contingencies Fund Advance
13 March 2020
Type
Written Ministerial Statement
Department
Department for Work and Pensions
At a Glance
Issue Summary
The statement addresses the need for additional resources from the Contingencies Fund to meet urgent expenditure requirements for the Department for Work and Pensions.
Action Requested
Pending parliamentary approval, a repayable cash advance of £1,500,000,000 will be used to cover urgent expenditure until Royal Assent is granted for the Supplementary Estimate 2019-20.
Key Facts
- Parliamentary approval is sought for additional resources of £1,500,000,000.
- A repayable cash advance from the Contingencies Fund will be used to meet urgent expenditure estimated at £1,500,000,000 pending Royal Assent.
- The advance will enable the Department for Work and Pensions to continue delivering an effective welfare system.
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