Correspondence

DAO 05/23 – Government Funds to Meet Specific Liabilities

'Dear Accounting Officer' (DAO) The letter provides further detail on the approach for funding specific liabilities and to take appropriate action as necessary.

• From: HM Treasury
• Published: 19 October 2023

Documents

Government Funds to Meet Specific Liabilities

PDF, 65.9 KB, 6 pages

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Details

The annex sets out new guidance to clarify the government’s policy regarding funds for specific liabilities, including when funds can be held against specific liabilities and when such liabilities should be unfunded.

Please address enquiries on the issues covered in this DAO letter to HM Treasury’s Balance Sheet Team: Fiscal-BST@hmtreasury.gov.uk

Published 19 October 2023