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582789
registered interest false remove filter
date remove maximum value filtermore like thismore than 2016-09-08
answering body
Department for International Development more like this
answering dept id 20 more like this
answering dept short name International Development remove filter
answering dept sort name International Development more like this
hansard heading Exchange Rates 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 International Development, what assessment she has made of the effect of recent changes in the relative value of the pound on her Department's finances. more like this
tabling member constituency Dewsbury remove filter
tabling member printed
Paula Sherriff more like this
uin 906320 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-09-14more like thismore than 2016-09-14
answer text <p>We have conducted an assessment of the effects of recent changes, and our conclusion is that the impact is relatively limited, for 3 reasons:</p><ol><li>fluctuations are not new;</li><li>almost all of our payments are in pounds, so fluctuations do not directly impact departmental finances; and</li><li>the partners we work with are carefully selected to make sure they have robust financial mechanisms in place, to deal with currency fluctuations and other risks.</li></ol> more like this
answering member constituency Penrith and The Border more like this
answering member printed Rory Stewart more like this
question first answered
less than 2016-09-14T15:22:18.577Zmore like thismore than 2016-09-14T15:22:18.577Z
answering member
4137
label Biography information for Rory Stewart more like this
tabling member
4426
label Biography information for Paula Sherriff more like this