Oakham and Rutland Local News

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Friday, March 16, 2012

Derek Twigg (Halton, Labour) Argentina International Development International Bank

Argentina International Development
Photo of Derek Twigg
Derek Twigg (Halton, Labour)

To ask the Secretary of State for International Development whether the UK's representatives to the International Bank for Reconstruction and Development and Inter-American Development Bank have been instructed to object to any loans to Argentina.
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Alan Duncan (Minister of State, International Development; Rutland and Melton, Conservative)

Britain has not instructed its representatives at the International Bank for Reconstruction and Development and Inter-American Development to object to all loans to Argentina. Britain will continue to base its decisions on loans on economic grounds assessing each individual project on its own merits and the economic context of each individual loan.