International Monetary Fund: Finance

(asked on 3rd February 2025) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether her Department has plans to increase funding to the IMF.


Answered by
Emma Reynolds Portrait
Emma Reynolds
Economic Secretary (HM Treasury)
This question was answered on 10th February 2025

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.

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