Contingencies fund advance 22 February 2020

I hereby give notice of the Department for Transport having drawn advances from the Contingencies Fund totalling £4,000,000,000 to enable expenditure on COVID-19 support packages to be spent ahead of the passage of the Supply and Appropriation Act. The schemes include:

Parliamentary approval for additional resource of £4,000,000,000 will be sought in a supplementary estimate for the Department for Transport. Pending that approval, urgent expenditure estimated at £4,000,000,000 will be met by repayable cash advances from the Contingencies Fund.

The cash advance will be repaid upon receiving Royal Assent of the Supply and Appropriation (Anticipation and Adjustments) Bill.

/Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here.