Question to the Department for International Development:

To ask the Secretary of State for International Development, what the value of promissory notes her Department planned to issue in 2020-21 was for (a) each institution at the Main Estimate stage in 2020 by date to each institution; and the planned value of promissory note issuance is by institution for the remainder of the calendar year 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.