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The Financial Secretary to the Treasury (Lord Livermore) (Lab)

Speaking in the House of Lords on 17 July 2025

Debate

Tackling Unsustainable Debt

Contribution

My Lords, as set out in our manifesto, tackling unsustainable debt in low-income countries is a key development priority for this Government. We are working closely with partners to strengthen and speed up the G20 common framework to enhance debt transparency for debtor and creditors. We have set up the new London Coalition on Sustainable Sovereign Debt, co-chaired by my honourable friend the Economic Secretary, to promote contractual innovations for increased resilience and to make restructurings quicker.

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