Defence Equipment: Procurement

(asked on 12th December 2022) - View Source

Question to the Ministry of Defence:

To ask the Secretary of State for Defence, with reference to the Defence Equipment Plan 2022-2032 published on 29 November, what his Department's worst-case projection for the pound/dollar exchange rate is.


Answered by
Alex Chalk Portrait
Alex Chalk
Lord Chancellor and Secretary of State for Justice
This question was answered on 20th December 2022

We do not routinely release forecast figures regarding exchange rate movements for the current or future financial years.

The focus of the EP22 is to produce a reliable assessment of affordability of the Department's equipment programme. We remain confident in the resilience of our spending decisions, as well as our levels of contingency and risk, despite now living in a more volatile environment.

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