Extract from Oral answer (Lords) on G20: Debt Cancellation - June 10
Thursday, 11 June 2020 08:41
|
Baroness Falkner of Margravine (Non-Afl) [V]: My Lords, I am second
to none in wanting to assist poorer countries, but will the noble
Baroness accept, in the context of debt forgiveness, that the World
Bank has done recent research to show that aid flows through the
poorest countries straight back into the wealthier
countries—something called aid leakage? So unless we want to give
money to Switzerland, Luxembourg, the Cayman Islandsand those sorts
of places, the best way to help the poorest...Request free trial
|