Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, with reference to his Department's press release entitled UK calls for fundamental reset of global financial system for developing countries, published on 14 October 2026, if he will set out the safeguards that will be applied to ensure that debt relief and aid contributions are accompanied by sustainable public finances in the recipient country and transparent reporting on the use of funds.

Reducing high debt service costs will create more fiscal space and allow partner countries to scale public investment. The government will also work in partnership with developing countries to support them to raise more domestic revenues, improving the efficiency of public spending, and tackling waste, corruption, and illicit flows. Delivery is managed through staff in the UK and overseas, the oversight of UK Delegations to the Multilateral Development Banks and established programme management processes.