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1505871
registered interest false more like this
date less than 2022-09-07more like thismore than 2022-09-07
answering body
Foreign, Commonwealth and Development Office more like this
answering dept id 208 more like this
answering dept short name Foreign, Commonwealth and Development Office more like this
answering dept sort name Foreign, Commonwealth and Development Office more like this
hansard heading Development Aid: Asian Development Bank more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, how much funding her Department allocated through the Asian Development Bank in the (a) 2021-22 and (b) 2022-23 financial year; and which three programmes received the largest amount of such funding in each of those financial years. more like this
tabling member constituency Rotherham more like this
tabling member printed
Sarah Champion more like this
uin 49158 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2022-09-30more like thismore than 2022-09-30
answer text <p>The core funding that the Foreign, Commonwealth and Development Office (FCDO) currently provides to the Asian Development Bank is to the Asian Development Fund (ADF), which provides grants to the poorest and least-creditworthy member countries that are at high risk of debt distress. The UK has pledged to provide £117.6 million to the ADF between 2021 and 2024. In Financial Year 2021-22, the FCDO provided £29.4 million to the ADF. A decision on our 2022 - 23 allocation is yet to be finalised.</p><p>The above figures are core multilateral contributions to the Asian Development Bank. In addition to these core contributions, the FCDO has provided some bilateral funding to trust funds that are managed by the Bank, including the UK Fund for Asia Regional Trade and Connectivity.</p><p>We do not earmark our core multilateral funding to the Bank to particular projects.</p> more like this
answering member constituency Hereford and South Herefordshire remove filter
answering member printed Jesse Norman more like this
question first answered
less than 2022-09-30T11:09:24.57Zmore like thismore than 2022-09-30T11:09:24.57Z
answering member
3991
label Biography information for Jesse Norman more like this
tabling member
4267
label Biography information for Sarah Champion more like this