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<p><strong></strong>We have agreed a fair financial settlement with the EU as part
of the draft Withdrawal Agreement which reflects the UK paying its share of the outstanding
EU commitments made during the period of our membership. Our estimate, based on reasonable
assumptions and publically available data, falls within the range of £35bn-£39bn,
and the National Audit Office confirmed in April 2018 that these assumptions were
reasonable.</p><p>Details of the basis on which that figure was reached can be found
in the draft Withdrawal Agreement, published on November 14th, 2018. The Chancellor
of the Exchequer also provided details to the Treasury Select Committee in January
2018, including a breakdown of the components of the settlement.</p><p> </p><p><strong><strong></strong><br></strong></p>
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