Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 13 July 2015 to Question 6124, what level of capital contribution will be made to the Asian Infrastructure Investment Bank in (a) 2015 and (b) each of the following four years.
The Government will make a capital contribution of $3.1bn (£2bn) to the Asian Infrastructure Investment Bank, to support much needed infrastructure investment in Asia and in turn increase global growth. 20% of this capital will be paid in and 80% of this capital will be callable. The paid in contribution will be made in five equal annual instalments with the first payment of $122.2mn (£80mn) in FY2015/16.