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International Monetary Fund: Finance

Asked by James McMurdockIndependentTreasuryTabled Answered 10 February 2025UIN 28437

The question

To ask the Chancellor of the Exchequer, whether her Department has plans to increase funding to the IMF.

Answered by Emma Reynolds

The UK’s core contribution to the IMF is determined by the UK’s share of the IMF’s quota resources as well as our contributions to the Fund under the New Arrangements to Borrow (NAB) and Bilateral Borrowing Agreements (BBA).

The UK’s total IMF contribution is 46,103.26m SDR (approximately £48.55 billion.) There are no current proposals at the IMF that will require the UK to further increase our funding.

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