PARLIAMENTARY WRITTEN QUESTION
(3 February 2025)
Question Asked
To ask the Chancellor of the Exchequer, whether her Department has plans to increase funding to the IMF.
Asked by:
James McMurdock (Independent)
Asked by:
James McMurdock (Independent)
Answer
The UK’s core contribution to the IMF is determined by the UK’s share of the IMF’s quota resources as well as our contributions to the Fund under the New Arrangements to Borrow (NAB) and Bilateral Borrowing Agreements (BBA).
The UK’s total IMF contribution is 46,103.26m SDR (approximately £48.55 billion.) There are no current proposals at the IMF that will require the UK to further increase our funding.
Answered by:
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