G20: Debt Cancellation Debate

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Lord Singh of Wimbledon

Main Page: Lord Singh of Wimbledon (Crossbench - Life peer)

G20: Debt Cancellation

Lord Singh of Wimbledon Excerpts
Wednesday 10th June 2020

(4 years, 6 months ago)

Lords Chamber
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Baroness Garden of Frognal Portrait The Deputy Speaker (Baroness Garden of Frognal) (LD)
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I call the noble Baroness, Lady Rawlings. No? In that case, I call the noble Lord, Lord Singh of Wimbledon.

Lord Singh of Wimbledon Portrait Lord Singh of Wimbledon (CB) [V]
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My Lords, in view of the iniquity of wealth acquired through slave trading, does the Minister agree that the cancellation of debt would be a timely and practical acknowledgement that black lives matter?

Baroness Penn Portrait Baroness Penn
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My Lords, I completely agree with the noble Lord that black lives matter. The UK has been a leading voice on debt forgiveness. As I said previously, however, the UK has forgiven most of its debt from low-income countries, so we also focus our support to those countries through other routes.