§ Mrs. SpelmanTo ask the Secretary of State for International Development if she will make a statement on the lending policies of(a) the World Bank, (b) the IDA, (c) the Asian Development Bank and (d) the EBRD. [53623]
§ Clare ShortThe multilateral development banks make a unique contribution to international development and poverty reduction. Each of these institutions have different, complementary lending policies. Further details of these are publicly available through the following websites: www.worldbank.org (for World Bank and IDA); ww.adb.org; and www.ebrd.com.
My Department has published institutional strategy papers for the multilateral development banks which set out how the UK Government can work in partnership with each of these institutions to maximise the effectiveness of our combined development efforts (available www.dfid.gov.uk or through our public inquiry point, tel. 01355 843132). These papers outline our views on the 284W effectiveness of these institutions and how we intend to ensure that their lending contributes to poverty elimination.