Question to the Department for International Development:
What steps she is taking to cancel the debt of countries in the Global South affected by the covid-19 pandemic.
It is essential to help developing countries deal with the secondary economic effects of coronavirus. This will protect vulnerable people and help the world economy recover. The UK is taking a leading role by contributing up to £150m to the Catastrophe Containment and Relief Trust, to fund the poorest countries’ debt repayments to the IMF. We also support the suspension of debt repayments from the poorest countries by G20 and Paris Club creditors. We are working hard to stop the poorest suffering the most.