East Africa: Food Security Debate
Full Debate: Read Full DebateBaroness Verma
Main Page: Baroness Verma (Conservative - Life peer)Department Debates - View all Baroness Verma's debates with the Department for International Development
(4 years, 1 month ago)
Lords ChamberI agree with the noble Lord that the humanitarian context in Ethiopia is increasingly complex and of concern. The UK supports a safety-net programme to deliver food and small cash transfers to 8 million people in Ethiopia, and we continue to support the welcome reforms, which include supporting the independent electoral board, organised free and fair elections, and the consultations with civil society and media. We are reviewing the impact of the recent political insecurity on these reforms.
My Lords, the pandemic will have multiplied the challenges that the poorest are facing in the least developed countries. Reducing or cancelling debt is only part of the solution. Will my noble friend ensure that the processes for businesses that wish to go and operate in those developing nations are streamlined by the Government, which would benefit not just those countries but our country as well?
My noble friend referred to debt relief. Of course, the UK—together with other G20 countries—suspended debt service payments, making up to £12 billion of additional fiscal space. I agree with my noble friend that we must support UK businesses in investing in developing countries, and we are doing that through our work with UK Export Finance and the CDC, our development finance institution. I agree that we must do more to streamline the process.