Written Question·Foreign, Commonwealth and Development Office·UIN 38518
British International Investment: Borrowing
Tabled: 14 March 2025
Answered: 20 March 2025
Named DayQuestion
Noah Law
Labour — St Austell and Newquay
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what consideration he has given to allow British International Investment to borrow from the financial markets to support the expansion of its international development goals
Answer
Catherine WestIn the first two years of British International Investment's (BII) current strategy (2022-2023), BII has invested approximately $3 billion into developing economies and mobilised an additional $2 billion in private capital on top of this. BII is evolving ...
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