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1140831
registered interest false more like this
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 more like this
answering dept short name International Development more like this
answering dept sort name International Development more like this
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 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 more like this
uin 280374 more like this
answer
answer
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
4044
label Biography information for Andrew Stephenson more like this
tabling member
4657
label Biography information for Anneliese Dodds more like this
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 more like this
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
1019937
registered interest true more like this
date less than 2018-12-04more like thismore than 2018-12-04
answering body
Department for International Development more like this
answering dept id 20 more like this
answering dept short name International Development more like this
answering dept sort name International Development more like this
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 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. more like this
tabling member constituency Barnsley Central more like this
tabling member printed
Dan Jarvis more like this
uin 198827 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-12-10more like thismore than 2018-12-10
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> more like this
answering member constituency West Worcestershire more like this
answering member printed Harriett Baldwin more like this
question first answered
less than 2018-12-10T17:36:12.847Zmore like thismore than 2018-12-10T17:36:12.847Z
answering member
4107
label Biography information for Harriett Baldwin more like this
tabling member
4243
label Biography information for Dan Jarvis more like this