United Kingdom · Question · Written question
UIN 476
Ministry of Defence: USA
Introduced
15 October 2019
Last action
21 October 2019 · Answer
Status
Answered
Sponsors
—
Subjects
Defence
Source updated
21 October 2019
Summary
To ask the Secretary of State for Defence, what his Department's current US dollar contract liability is.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
15 October 2019
Written question
To ask the Secretary of State for Defence, what his Department's current US dollar contract liability is.
Source: Commons
21 October 2019
Answer
We address the impact of foreign exchange using forward purchase contracts agreed with the Bank of England.This mechanism provides budget stability in the forward programme and is not intended to generate gains or savings from the foreign exchange market....
Source: Written answer
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Sponsors
- · Ministry of Defence · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2019-10-15/476
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1149335
- uk · wq-1149335 · source updated 21 October 2019