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United Kingdom · Question · Written question

UIN 76595

International Monetary System

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

17 November 2021

Last action

24 November 2021 · Answer

Status

Answered

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Discovery layer

Source updated

24 November 2021

Summary

To ask the Chancellor of the Exchequer, what assessment he has made of the appropriate fraction of Special Drawing Rights received this year to re-channel into support for poorer countries.

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Timeline

  1. 17 November 2021

    Written question

    To ask the Chancellor of the Exchequer, what assessment he has made of the appropriate fraction of Special Drawing Rights received this year to re-channel into support for poorer countries.

    Source: Commons

  2. 24 November 2021

    Answer

    A general allocation of Special Drawing Rights (SDR) equivalent to about $650bn became effective in August. The Chancellor has committed to channelling up to SDR 4bn to support vulnerable countries, representing circa 20% of the UK’s allocation, starting ...

    Source: Written answer

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