Advance from the Contingencies Fund

Cabinet Office written statement – made on 11th January 2021.

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Photo of Michael Gove Michael Gove Minister for the Cabinet Office and Chancellor of the Duchy of Lancaster

The Cabinet Office has sought a repayable cash advance from the Contingencies Fund of £56,500,000.

The requirement has arisen due to increased costs relating to urgent expenditure, including that relating to the COVID-19 response.

Parliamentary approval for additional resources of £56,500,000 will be sought in the Supplementary Estimate for the Cabinet Office. Pending that approval, urgent expenditure estimated at £56,500,000 will be met by repayable cash advances from the Contingencies Fund.