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Written question asked by Simon Hughes (Liberal Democrat), in the House of Commons. It was due for an answer on Thursday, 24 June 1999. It was answered by Gordon Brown (Labour) on Thursday, 24 June 1999 on behalf of the Treasury.


Treasury

Question
To ask Mr Chancellor of the Exchequer, What progress was made on debt relief at the Cologne Summit. - Includes figure.
Answer

Mr. David Stewart: To ask the Chancellor of the Exchequer what progress was made at the G8 summit in Cologne on reducing the debt burden for the world's poorest countries. [87076] Mr. Simon Hughes: To ask the Chancellor of the Exchequer what progress was made on debt relief at the Cologne summit. [87081] Mr. Gordon Brown: At the G7 Finance Ministers Meeting in Frankfurt, I took forward my proposals for faster, deeper and wider debt relief. Agreement was secured at the G8 Summit in Cologne on an initiative which will reduce the debt owed by the poorest countries by $100 billion.


Secondary information

Type
Written question
Reference
87081; 333 c458-9W;333 c459W
Session
1998-99
Subjects
Debts Developing countries Debts written off Germany G8
Contains statistics
Yes