This memorandum gives further explanation of the FCO’s information in HM Treasury’s 2019 to 2020 Supplementary Estimates presented to Parliament on 12 February 2020.
It is a formal part of the supplementary estimates process that Parliament uses to approve in-year changes to departmental annual budgets. The Foreign & Commonwealth Office (FCO) presents the memorandum to the Foreign Affairs Committee twice each year.
It is divided into 3 sections:
FCO objectives, budgets, main areas of spending and drivers for changes in spending including efficiency initiatives
detail on budget changes presented in the Supplementary Estimate, in particular additional funding from the Treasury, funding returned to the Treasury and budget transfers between central government departments
how FCO spending relates to performance against priorities and also gives details of major FCO projects