Only a few days to go: We’re raising £25,000 to keep TheyWorkForYou running and make sure people across the UK can hold their elected representatives to account.

Donate to our crowdfunder

IMF Poverty Reduction and Growth Trust

Treasury written statement – made on 12th May 2020.

Alert me about debates like this

Photo of Rishi Sunak Rishi Sunak The Chancellor of the Exchequer

The Government have today augmented the UK’s 2010 agreement to lend to the International Monetary Fund’s Poverty Reduction and Growth Trust by a total of 2 billion Special Drawing Rights (approximately £2.2 billion) to support economic recovery and response to COVID-19 in the most vulnerable countries. This takes the total UK agreement to up to 4 billion Special Drawing Rights (approximately £4.4 billion). A copy of the agreement will be deposited in the Libraries of both Houses in due course.

This statement has also been made in the House of Lords: HLWS225