Business of the House

Part of the debate – in the House of Commons at 11:31 am on 19 January 2012.

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Photo of George Young George Young The Leader of the House of Commons 11:31, 19 January 2012

My hon. Friend is right to draw the attention of the House to that important matter, and the position is as I set out a few moments ago: the Government have authority to increase their subscriptions to the IMF up to a certain level, and if any new bid from the IMF requires a contribution that takes us over that level it will of course be a matter for Parliament to debate and approve.