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391718
star this property registered interest false more like this
star this property date less than 2015-07-21more like thismore than 2015-07-21
star this property answering body
Department for International Development more like this
star this property answering dept id 20 more like this
star this property answering dept short name International Development more like this
star this property answering dept sort name International Development more like this
star this property hansard heading World Bank more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for International Development, what the UK contribution was to the World Bank in (a) paid in capital and (b) callable capital in each of the last five years. more like this
star this property tabling member constituency Wakefield more like this
star this property tabling member printed
Mary Creagh remove filter
star this property uin 8134 remove filter
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2015-09-07more like thismore than 2015-09-07
star this property answer text <p>The table below shows the UK contributions to the World Bank (specifically to IBRD, the non-concessional lending arm of the World Bank) in paid in capital and callable capital in each of the last five years.</p><p> </p><p>Please note that the UK did not pay in additional capital to IBRD or contribute additional callable capital in 2010. Additional contributions to multilateral development bank’s capital are infrequent and only happen through General or Selective Capital Increases (known as GCIs and SCIs). The most recent of these for IBRD became effective in 2011.</p><p> </p><p>The paid in amount is fixed in US dollar terms. As such the Sterling amount varies slightly each year depending on the exchange rate. The callable element increases on a pro-rata basis as each paid in contribution is made and is reported in US Dollars in IBRD’s accounts.</p><p> </p><table><tbody><tr><td> </td><td><p><strong>Paid- in capital - Sterling paid equivalent </strong><strong>to US $31,114,059</strong></p><p><strong> (paid in December of each stated year)</strong></p></td><td><p><strong>Callable capital (as stated in IBRD audited </strong><strong>accounts at June 30th of following year)</strong></p></td></tr><tr><td><p><strong>2010</strong></p></td><td><p>n/a</p></td><td><p>$7,832.2m</p></td></tr><tr><td><p><strong>2011</strong></p></td><td><p><br> £19,957,703</p></td><td><p>$8,319.6m</p></td></tr><tr><td><p><strong>2012</strong></p></td><td><p>£19,451,149</p></td><td><p>$8,807.1m</p></td></tr><tr><td><p><strong>2013</strong></p></td><td><p>£19,047,480</p></td><td><p>$9,294.4m</p></td></tr><tr><td><p><strong>2014</strong></p></td><td><p>£19,915,547</p></td><td><p>$9,781.9m</p></td></tr></tbody></table><p> </p><p> </p>
star this property answering member constituency Welwyn Hatfield remove filter
star this property answering member printed Grant Shapps more like this
star this property question first answered
less than 2015-09-07T14:57:52.373Zmore like thismore than 2015-09-07T14:57:52.373Z
star this property answering member
1582
star this property label Biography information for Grant Shapps more like this
star this property tabling member
1579
unstar this property label Biography information for Mary Creagh more like this