💰 Financial Record

payment

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Transaction Details

Amount

USD $24,000,000,000.0

Payer (From)

UK Government Linked to UK Government

Payee (To)

Infrastructure projects Linked to Infrastructure projects

Transaction Date

January 01, 2016

Description

Infrastructure fund implemented in the Autumn statement.

Additional Details

Date string: 2016

Amount string: 24000000000

Source document: HOUSE_OVERSIGHT_014438.jpg

📄 Source Document

HOUSE_OVERSIGHT_014438.jpg

ESTATE Collection

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Document Summary

This document is page 7 of a 'Global Cross Asset Strategy – Year Ahead' report by Bank of America Merrill Lynch, dated November 30, 2016. It analyzes the economic impact of 'peak globalization,' the Trump election victory, and Brexit, forecasting higher US real rates and a stronger USD due to expected fiscal stimulus and infrastructure spending. The document bears the Bates stamp 'HOUSE_OVERSIGHT_014438', indicating it was produced as part of a Congressional investigation, likely related to banking records.

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