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1109913
registered interest false more like this
date less than 2019-04-05more like thismore than 2019-04-05
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury remove filter
hansard heading Developing Countries: Loans remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
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. more like this
tabling member constituency Newcastle-under-Lyme more like this
tabling member printed
Paul Farrelly more like this
uin 241410 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-04-10more like thismore than 2019-04-10
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> more like this
answering member constituency South West Norfolk more like this
answering member printed Elizabeth Truss more like this
question first answered
less than 2019-04-10T16:12:07.597Zmore like thismore than 2019-04-10T16:12:07.597Z
answering member
4097
label Biography information for Elizabeth Truss more like this
tabling member
1436
label Biography information for Paul Farrelly more like this