Debts Written Off: Developing Countries

(asked on 17th March 2015) - View Source

Question to the HM Treasury:

To ask Her Majesty’s Government what representations they have made to the International Monetary Fund regarding the cancellation of debts of countries affected by infectious disease epidemics.


Answered by
Lord Deighton Portrait
Lord Deighton
This question was answered on 26th March 2015

“The UK has played a leading role in the launch of the IMF’s new Catastrophe Containment and Relief Trust earlier this year, and was the first country to publicly contribute to this. The Trust’s first role will be to provide grant aid that will be used for relief on debt service payments to the IMF for the three countries most affected by the Ebola epidemic: Guinea, Liberia, and Sierra Leone.”

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