{"value":{"id":1379331,"askingMemberId":1171,"askingMember":null,"house":"Commons","memberHasInterest":false,"dateTabled":"2021-11-17T00:00:00","dateForAnswer":"2021-11-19T00:00:00","uin":"76595","questionText":"To ask the Chancellor of the Exchequer, what assessment he has made of the appropriate fraction of Special Drawing Rights received this year to re-channel into support for poorer countries.","answeringBodyId":14,"answeringBodyName":"Treasury","isWithdrawn":false,"isNamedDay":false,"groupedQuestions":[],"answerIsHolding":false,"answerIsCorrection":false,"answeringMemberId":4051,"answeringMember":null,"correctingMemberId":null,"correctingMember":null,"dateAnswered":"2021-11-24T00:00:00","answerText":"<p>A general allocation of Special Drawing Rights (SDR) equivalent to about $650bn became effective in August. The Chancellor has committed to channelling up to SDR 4bn to support vulnerable countries, representing circa 20% of the UK’s allocation, starting with an additional loan of SDR 1bn to the IMF’s Poverty Reduction and Growth Trust which provides zero interest loans to low-income countries.</p>","originalAnswerText":"","comparableAnswerText":"","dateAnswerCorrected":null,"dateHoldingAnswer":null,"attachmentCount":0,"heading":"International Monetary System","attachments":[],"groupedQuestionsDates":[]},"links":[{"rel":"self","href":"/Questions/1379331","method":"GET"}]}