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IMF Poverty Reduction and Growth Trust

12 May 2020

Proposing MP
Richmond and Northallerton
Type
Written Ministerial Statement
Department
Treasury

At a Glance

Issue Summary

The statement is about the UK's financial commitment to the International Monetary Fund's Poverty Reduction and Growth Trust.

Action Requested

The Government have increased the UK’s lending commitment to the IMF’s Poverty Reduction and Growth Trust by an additional £2.2 billion, bringing the total commitment to up to £4.4 billion.

Key Facts

  • The UK has augmented its agreement with the International Monetary Fund's Poverty Reduction and Growth Trust by £2.2 billion.
  • This increases the total UK agreement to up to £4.4 billion.
  • A copy of the agreement will be deposited in the Libraries of both Houses.
Assessment & feedback
Summary accuracy