Contingencies Fund Advance

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Wednesday 28th February 2024

(2 months ago)

Written Statements
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Alister Jack Portrait The Secretary of State for Scotland (Mr Alister Jack)
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I hereby give notice of the Scotland Office’s intention to seek a repayable cash advance from the Contingencies Fund. The Department requires an advance to meet the Scottish Government’s cash requirements pending parliamentary approval of the supplementary estimate 2023-24.

The Scottish Government are operating within their budgets, so this does not represent additional spending. However, an increase in net cash requirement will be sought in the supplementary estimate, so accessing the Contingencies Fund will allow the Scottish Government to fund this existing spending in the meantime.



The advance will be repaid immediately following approval of the supplementary estimate.



Parliamentary approval for additional non-budget expenditure of £703,711,000 will be sought in a supplementary estimate for the Scotland Office. Pending that approval, urgent expenditure estimated at £703,711,000 will be met by repayable cash advances from the Contingencies Fund.

[HCWS296]