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Debts: Developing Countries

Asked by Abtisam MohamedLabourTreasuryTabled Answered 16 October 2024UIN 7969

The question

To ask the Chancellor of the Exchequer, whether she has had recent discussions with the International Monetary Fund on the Debt Sustainability Framework for Low Income Countries.

Answered by Darren Jones

The UK is engaging with the International Monetary Fund (IMF) on the Debt Sustainability Framework for Low Income Countries (LIC-DSF) as part of the ongoing joint World Bank-IMF review of the Framework.

We welcome the review, as it is an important exercise to ensure that the LIC-DSF remains fit for purpose in providing nuanced and balanced assessments of countries’ debt situations, and supporting sustainable management of debt.

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