Written Question·Foreign, Commonwealth and Development Office·UIN 34271

Development Aid: World Bank

Tabled: 27 February 2025
Answered: 13 March 2025

Question

Sir James Cleverly

Conservative — Braintree

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what assessment he has made of the potential impact of the reduction in overseas development assistance on the UK’s (a) shareholding and (b) board membership of the World Ban

Answer

Stephen Doughty
The UK's shareholding at the World Bank is based on our paid in capital. We do not anticipate any reduction in our shareholding or any changes to our board representation as a result of the decision to reduce UK aid spending.Detailed decisions on how the ...
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