HC Deb 25 June 1997 vol 296 cc534-5W
Mr. Wareing

To ask the Chancellor of the Exchequer what assessment he has made of the economic reform programmes agreed between low-income countries and the IMF as a condition for debt relief; what plans he has to press for a review of these requirements; and if will make a statement. [3877]

Mrs. Liddell

It is essential that countries which benefit from debt relief should have a track record of economic reform, and a commitment to continue with sound economic policies, as part of a wider commitment by debtors to balanced transparent economic reform programmes which encourage economic and social development and thus create the conditions in which poverty can be alleviated. We review the suitability of each country's proposed economic reform programme as a prerequisite for debt relief prior to participating in decisions on each case.

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