PARLIAMENTARY WRITTEN QUESTION
Common Framework for Debt Treatments beyond the DSSI (4 October 2024)

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what assessment he has made of the impact of the G20 Common Framework for Debt Treatments on delivering debt relief to lower income countries.

Asked by:
Adam Jogee (Labour)

Tackling unsustainable debt is a key development priority for this government. The G20 Common Framework, created in November 2020, brought the Paris Club and G20 together to coordinate debt restructurings for the first time. The Common Framework has delivered agreements in Chad in 2022, and among bilateral creditors and bondholders in both Zambia and Ghana in 2024. However, we acknowledge that the process took too long. We are continuing to work with international partners to strengthen the Common Framework and ensure it delivers for all participating countries.

Answered by:
Anneliese Dodds (Labour)
14 October 2024