Written question asked by Baroness Brown of Silvertown (Labour) on Friday, 1 September 2023, in the House of Commons. It was due for an answer on Tuesday, 5 September 2023. It was answered by Andrew Mitchell (Conservative) on Friday, 8 September 2023 on behalf of the Foreign, Commonwealth and Development Office.
Debts: Somalia
- Question
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To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, whether debt relief for Somalia has been included in his Department's accounts for (a) 2023-24 and (b) future financial years.
- Answer
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The UK continues to be Somalia's debt relief champion, as part of the Heavily Indebted Poor Countries Initiative (HIPC). The UK provided debt relief when Somalia reached HIPC Decision Point in 2020, both bilaterally and helping to clear Somalia's arrears to the International Financial Institutions.
The UK is committed to providing debt relief on our outstanding bilateral debt to Somalia when it reaches HIPC Completion Point and the relevant agreements signed. His Majesty's Government has provisioned for this. The IMF assess HIPC Completion Point to be achievable by the end of 2023.
Secondary information
- Type
- Written question
- Reference
- 195890
- Session
- 2022-23
- Transferred
- Yes
- Subjects
- Debts Somalia
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2023-10-05 20:00:04 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2022-23/195890
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/commons/2022-23/195890
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/commons/2022-23/195890