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1386435

registered interest
date	08/12/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Debts: Developing Countries
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what plans they have to discuss a new debt relief programme at the G20 level, so that developing countries do not have to delay health and poverty reduction plans.
tabling member printed	Lord Hylton
uin	HL4794
answer	answer is ministerial correction date of answer 17/12/2021 answer text <p>In 2020 the G20 and Paris Club agreed to the Debt Service Suspension Initiative (DSSI) which has provided participating countries with fiscal space to respond to the pandemic, freeing up resources to fund social, health and economic measures. Preliminary estimates suggest the DSSI has suspended over $12.7 billion in debt service repayments.</p><p> </p><p>In addition, to deliver a longer-term, more sustainable approach to dealing with debt vulnerabilities the UK and its G20 partners are now focusing their attention on the Common Framework for Debt Treatments. Agreed in 2020, the Common Framework was a landmark achievement for the G20. It commits both new lenders and more traditional lenders in the Paris Club to coordinated debt treatments, including debt cancellation if required. This should pave the way for more equitable and effective case-by-case restructurings for low-income countries.</p> answering member printed Lord Agnew of Oulton question first answered 17/12/2021 11:57:51 answering member 4689 label Biography information for Lord Agnew of Oulton
tabling member	2018 label Biography information for Lord Hylton

1386455

registered interest
date	08/12/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Coronavirus Job Retention Scheme
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what plans they have, if any, to restart the furlough scheme in case more COVID-19 restrictions are implemented.
tabling member printed	Lord Taylor of Warwick
uin	HL4814
answer	answer is ministerial correction date of answer 17/12/2021 answer text Throughout the pandemic, the Government has demonstrated that it can respond proportionately to the changing path of the virus and will continue to do so.<p> </p>The Government remains committed to taking whatever action is necessary to protect the NHS from being overwhelmed but, as we have stated, more harmful economic and social restrictions would only be considered as a last resort. Since the start of the pandemic, the Government has a strong track record of responding quickly, flexibly, and comprehensively in supporting jobs, businesses, individuals, and families when needed. As part of our £400 billion package of support, businesses will continue to receive considerable support into Spring 2022, including Recovery Loans until June, business rates relief, protection from eviction, and a VAT reduction until March.  answering member printed Lord Agnew of Oulton question first answered 17/12/2021 11:58:32 answering member 4689 label Biography information for Lord Agnew of Oulton
tabling member	1796 label Biography information for Lord Taylor of Warwick