G7 Summit

Liam Byrne Excerpts

Monday 22nd May 2023 Commons Chamber

[The Prime Minister]

I thank my hon. Friend for all her work in this area previously. She will be proud, as I am, that the Foreign Secretary launched the women and girls strategy in March, and one particular thing in that was to continue putting women and girls at the heart of everything to do with education. UK aid has supported 8 million girls to gain a decent education, which is part of our pledge to enable all girls to have access to 12 years of high quality education. That is something we will continue to champion in all international fora.

[Liam Byrne (Birmingham, Hodge Hill) (Lab)]

I declare an interest as chair of the international Parliamentary Network on the World Bank & International Monetary Fund. I also welcome the commitment in paragraph 10 of the G7 communiqué to enhance development finance, tackle the imminent debt crisis, tackle climate change, and advance progress towards the sustainable development goals. Would that be an awful lot easier if the UK stepped up and met the African Development Bank’s calls for hybrid capital, matched Japan’s commitment to share 40% of the new special drawing rights, and used the €3.5 billion that we get back from the European Investment Bank to help build a bigger World Bank? At a stroke, that would help to restore the global leadership and development that we have so needlessly and dangerously squandered.