International Engagement
Jeevun Sandher Excerpts(3 weeks, 6 days ago)
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Dr Jeevun Sandher (Loughborough) (Lab)
The pandemic, rising interest rates, and rising wheat and energy prices after Putin’s invasion of Ukraine have led to a debt crisis in low-income nations. Some 32 African nations spend more on servicing their debt than they do on healthcare. I used to work in one of the world’s poorest nations, Somaliland. I have seen what grinding poverty can do. The horrors of climate change are leading to drought, hunger and death. Will the Minister consider repeating one of the proudest actions of the last Labour Government by acting to end the debt crisis and, by doing so, help to end extreme poverty once and for all?
Anneliese Dodds
I am very grateful to my hon. Friend for raising this issue, and for his passion in doing so. He is absolutely right: many countries have to pay substantial amounts on servicing debt at the same time as having to deal with repeated crises—not least the nature and climate crisis, but also crises deriving from conflict—so we need to show leadership on these issues. That is why we are working with the rest of the G20 on their framework. It needs to be faster and stronger, and it needs to work better. We will play our part in trying to ensure that, and we will work with the Paris Club on this agenda too.