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United Kingdom · Question · Written question

UIN 72367

Gold and Foreign Exchange Reserves

answeredUnited Kingdom· UK Parliament· EN

Introduced

9 November 2021

Last action

17 November 2021 · Answer

Status

Answered

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Discovery layer

Source updated

17 November 2021

Summary

To ask the Chancellor of the Exchequer, what assessment he has made of the potential effect of a transfer of excess reserves from the Exchange Equalisation Account to the National Loans Fund on public sector debt.

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Timeline

  1. 9 November 2021

    Written question

    To ask the Chancellor of the Exchequer, what assessment he has made of the potential effect of a transfer of excess reserves from the Exchange Equalisation Account to the National Loans Fund on public sector debt.

    Source: Commons

  2. 17 November 2021

    Answer

    The Government considers the current size of the reserves to be appropriate for meeting the objectives outlined in the Exchange Equalisation Account (EEA) Act 1979. Therefore, there has been no assessment made of the potential effect of a transfer of so-c...

    Source: Written answer

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