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registered interest false remove filter
date less than 2019-07-22more like thismore than 2019-07-22
answering body
Department for International Development more like this
answering dept id 20 remove filter
answering dept short name International Development remove filter
answering dept sort name International Development more like this
hansard heading Developing Countries: Loans remove filter
house id 1 more like this
pref label House of Commons more like this
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
tabling member constituency Oxford East more like this
tabling member printed
Anneliese Dodds remove filter
uin 280374 more like this
is ministerial correction false more like this
date of answer less than 2019-08-05more like thismore than 2019-08-05
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
answering member constituency Pendle more like this
answering member printed Andrew Stephenson more like this
question first answered
less than 2019-08-05T16:21:36.003Zmore like thismore than 2019-08-05T16:21:36.003Z
answering member
label Biography information for Andrew Stephenson more like this
tabling member
label Biography information for Anneliese Dodds remove filter