Llafur Arglwydd
Aeth i mewn i'r Tŷ'r Arglwyddi ar 1 Rhagfyr 2015
My Lords, as set out in our manifesto, tackling unsustainable debt in low-income countries is a key development priority for this Government. We are working closely with partners to strengthen and speed up the G20 common framework to enhance debt transparency for debtor and creditors. We have set up the new London Coalition on Sustainable Sovereign Debt, co-chaired by my honourable friend the...
I am very grateful to my noble friend for her question and I pay tribute to her considerable expertise on these issues; I know she served as shadow Minister for Africa for several years. The Government fully agree that private creditors must play their part in debt restructurings. The Paris Club and now the G20, as part of its commitment to co-ordinate on debt treatments under the common...
I absolutely recognise what the noble Lord says. It is important to recognise that the debt relief Act was different in scope and scale. It targeted a small, ring-fenced amount of historical debt. Current proposals for legislation would impact all future debt contracts written under English law. We have significant concerns about the impacts of that on the cost of capital at a time when...
Mwy o ymddangosiadau diweddar Lord Livermore
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