Question to the Foreign, Commonwealth & Development Office:

To ask Her Majesty’s Government whether there are any proposals to give debt relief to the Turks and Caicos Islands; and if not, why not.

There are no proposals for the UK to give debt relief to the Turks and Caicos Islands, a British Overseas Territory.

The Turks and Caicos Islands are not in receipt of a loan from the British Government. In 2011, the UK provided a loan guarantee worth up to $260 million in response to the Territory’s governance and economic crisis. The British Government expects the Turks and Caicos Islands government to finance its borrowing independently and on an affordable and sustainable basis from the end of 2015/16 without a UK guarantee.