Contingencies Fund Advance Debate
Full Debate: Read Full DebateDepartment: Department for Work and Pensions
Baroness Coffey
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Contingencies Fund Advance
Baroness Coffey Excerpts(5 years, 7 months ago)
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The Secretary of State for Work and Pensions (Dr Thérèse Coffey)
Parliamentary approval for additional resources of £1,500,000,000 will be sought in a supplementary estimate for the Department for Work and Pensions. Pending that approval, urgent expenditure estimated at £1,500,000,000 will be met by a repayable cash advance from the Contingencies Fund.
This is not a request for additional funding but is to meet the Department’s cash requirements pending Royal Assent of the supplementary estimate 2019-20 and will enable the Department to continue to deliver an effective welfare system for our citizens.
[HCWS158]