Debts: Developing Countries — Written Question

Question

Gregory Stafford

Conservative — Farnham and Bordon

To ask the Chancellor of the Exchequer, what assessment her Department has made of the effectiveness of recent legislative changes at enhancing private sector participation in sovereign debt relief for low-income countries; and whether she plans to introd

Answer

Emma Reynolds

The government is not currently pursuing legislative changes to enhance private sector participation in debt restructurings for low-income countries. The UK, alongside the G20 and Paris Club, expects private creditors to participate in debt restructurings...

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