PARLIAMENTARY WRITTEN QUESTION
Department for International Development: Public Expenditure (1 July 2020)

To ask the Secretary of State for International Development, what the planned level of promissory note issuance was, by institution, in (a) calendar year 2020 and (b) financial year 2020-21 at the Main Estimates stage.

Asked by:
Fleur Anderson (Labour)

DFID uses promissory notes with organisations such as international development banks. A promissory note allows that organisation to commit to an activity in full, in advance of funding being transferred.

DFID’s made no adjustment at Main Estimates 2020-21 to the Net Cash Requirement as a result of Promissory Notes.

Answered by:
Wendy Morton (Conservative)
7 July 2020