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1109913

registered interest
date	05/04/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Developing Countries: Loans
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment his Department has made of the effect on levels of transparency of making public the loans made by UK Government and its EU partners to the Global South.
tabling member constituency	Newcastle-under-Lyme
tabling member printed	Paul Farrelly
uin	241410
answer	answer is ministerial correction date of answer 10/04/2019 answer text <p>The main UK government agencies involved in lending to developing countries are: UK Export Finance (UKEF) and (historic loans only) the Department for International Development (DfID). Both publish details of the guarantees and loans they provide in their Annual Report and Accounts, which are published on their websites. Where UKEF provides financing for public borrowers or guarantors in developing countries, it is subject to OECD Sustainable Lending Principles.</p><p> </p><p>The UK strongly believes that transparency of loans is an important driver of debt sustainability. Given the complex international nature of sovereign debt, we continue to believe that internationally-agreed approaches are the most effective way to improve sovereign debt transparency and sustainability. We are working with our EU partners, and others, through the G20 to ensure the ongoing implementation of the G20’s agreed Operational Guidelines for Sustainable Financing for official creditors in 2017.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 10/04/2019 16:12:07 answering member 4097 label Biography information for Elizabeth Truss
tabling member	1436 label Biography information for Paul Farrelly

1019937

registered interest
date	04/12/2018
answering body	Department for International Development
answering dept id	20
answering dept short name	International Development
answering dept sort name	International Development
hansard heading	Developing Countries: Loans
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for International Development, if her Department will publish the loans made by (a) the UK Aid Agency and (b) British Companies in relation to the UK's International Development Programme.
tabling member constituency	Barnsley Central
tabling member printed	Dan Jarvis
uin	198827
answer	answer is ministerial correction date of answer 10/12/2018 answer text <p>Official Development Assistance (ODA) is defined by the OECD Development Assistance Committee as resource flows to developing countries and multilateral organisations, which are provided by official agencies, for example the UK Government or its executive agencies.</p><p> </p><p>Under the definition, a total of £1,567 million of UK ODA was provided in loans in 2017. Of the total, DFID provided £21 million in bilateral loans to developing countries and £820 million for a multilateral loan to the World Bank in 2017. A non-DFID multilateral loan of £726 million was also provided to the International Monetary Fund in 2017. Details of these loans are submitted online in the Development Tracker.</p> answering member constituency West Worcestershire answering member printed Harriett Baldwin question first answered 10/12/2018 17:36:12 answering member 4107 label Biography information for Dame Harriett Baldwin
tabling member	4243 label Biography information for Dan Jarvis