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1140831
star this property registered interest false more like this
star this property date less than 2019-07-22more like thismore than 2019-07-22
star this property answering body
Department for International Development more like this
star this property answering dept id 20 more like this
star this property answering dept short name International Development remove filter
star this property answering dept sort name International Development more like this
star this property hansard heading Developing Countries: Loans remove filter
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for International Development, what proportion of UK aid to developing countries goes towards loan repayments. more like this
star this property tabling member constituency Oxford East more like this
star this property tabling member printed
Anneliese Dodds more like this
star this property uin 280374 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2019-08-05more like thismore than 2019-08-05
star this property answer text <p>The Multilateral Debt Relief Initiative (MDRI) provides full relief on eligible debt owed by countries which have reached Completion Point of the Heavily Indebted Poor Countries Initiative, to the International Monetary Fund (IMF), the International Development Association (IDA) of the World Bank, and the African Development Fund (AfDF) of the African Development Bank. The UK contributed £107 million to the MDRI in 2017 and this is all official development assistance (ODA).</p><p> </p><p>When necessary, the UK also provides relief on loans made bilaterally by the Export Credit Guarantee Department (ECGD) to developing countries, through the coordinated process of the Paris Club of creditors. In 2017 the UK provided £3 million of ODA as such debt relief on ECGD loans.</p><p> </p><p>Therefore in 2017 the total UK debt relief, through the MDRI and bilaterally, represented 0.78% of total UK ODA in 2017.</p> more like this
star this property answering member constituency Pendle remove filter
star this property answering member printed Andrew Stephenson more like this
star this property question first answered
less than 2019-08-05T16:21:36.003Zmore like thismore than 2019-08-05T16:21:36.003Z
unstar this property answering member
4044
star this property label Biography information for Andrew Stephenson more like this
unstar this property tabling member
4657
unstar this property label Biography information for Anneliese Dodds more like this