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Department for International Development: Public Expenditure

Question for Department for International Development

UIN 67778, tabled on 1 July 2020

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

Answered on

8 July 2020

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.