M

Member

Speaking in the House of Commons on 18 December 2024

Debate

Financial Assistance to Ukraine Bill

Contribution

I turn to new clause 1, tabled by the hon. Member for Lewes (James MacCleary). I will explain why the Government will not support it. The new clause would impose reporting requirements on the Secretary of State in relation to the ERA. As I see it, those would broadly fit into two categories. The first would require financial reporting to Parliament on the progress of the £2.26 billion ERA loan itself. That would include providing information on the disbursements made by the UK and our share comparatively to the G7, and providing details of the repayments that we will receive from the EU’s Ukraine loan co-operation mechanism.

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