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United Kingdom · Question · Written question

UIN 64259

Foreign Loans: Interest Rates

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

17 October 2022

Last action

25 October 2022 · Answer

Status

Answered

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Discovery layer

Source updated

25 October 2022

Summary

To ask the Chancellor of the Exchequer, what recent assessment he has made of the impact on LICs of rising interest rates on foreign loans.

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Timeline

  1. 17 October 2022

    Written question

    To ask the Chancellor of the Exchequer, what recent assessment he has made of the impact on LICs of rising interest rates on foreign loans.

    Source: Commons

  2. 25 October 2022

    Answer

    The recent IMF World Economic Outlook underlined the difficulties that tightening financial conditions pose for low-income countries. In this environment, it is essential that countries take on new debt responsibly and that lenders provide credit on terms...

    Source: Written answer

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