Written question asked by Baroness Tonge (Liberal Democrat) on Monday, 25 March 2002, in the House of Commons. It was due for an answer on Wednesday, 10 April 2002. It was answered by Lord Boateng (Labour) on Wednesday, 10 April 2002 on behalf of the Treasury.

Treasury

Question: To ask Mr Chancellor of the Exchequer, what discussions took place at the Financing for Development Conference regarding his Department's Hold in Trust policy on debt repayments for countries which have not yet reached decision point within HIPC.

Answer: Dr. Tonge: To ask the Chancellor of the Exchequer what discussions took place at the Financing for Development Conference regarding his Department's Hold in Trust policy on debt repayments for countries which have not yet reached decision point within HIPC. [46655] Mr. Boateng: The Government continue to press other countries to follow the UK's Hold in Trust policy. While there were no formal discussions scheduled on this issue at the UN Financing for Development Conference, there was agreement reached on the need to keep debt sustainability under review, and to take into account any external shocks when updating debt sustainability at Completion Point.

Secondary information

Type: Written question
Reference: 46655; 383 c263W
Session: 2001-02
Subjects: Debts Developing countries Heavily indebted poor countries initiative Poverty United Nations International Conference on Financing for Development
Link: View this Written question on www.publications.parliament.uk