Marfrig Global Foods: Loans

(asked on 5th January 2022) - View Source

Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, whether any (a) UK Official Development Assistance or (b) other public funds have been used in connection with the Inter-American Development Bank’s loan to Marfrig Global Foods.


Answered by
James Cleverly Portrait
James Cleverly
Home Secretary
This question was answered on 14th January 2022

The UK is aware of a prospective Inter-American Development Bank (IDB) Group loan to Marfrig Global Foods, which is due to be considered by the Board of Directors of IDB Invest in April 2022. IDB Invest is the private sector arm of the IDB Group. The UK is a member of the IDB, which is the arm of the IDB Group that lends to sovereign governments. However, the UK is not currently a member of IDB Invest, which is a separate entity from the IDB and invests in the private sector. No UK ODA or other public funds have been used in connection with this loan.

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