Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what recent assessment he has made of Zambia's progress through the G20's Common Framework.
Zambia is one of three countries – along with Chad and Ethiopia - to have so far requested the Common Framework, which was designed to help deliver a long-term, sustainable approach for supporting low-income countries to tackle their debt vulnerabilities. Zambia reached a Staff-Level Agreement with the IMF in December, marking a step forward. At Spring Meetings, the IMF managing director indicated that China had agreed to join the creditor committee for Zambia. As a creditor to Zambia, it is a priority to work with the rest of the G20 to ensure swift progress on the debt treatment.