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International Finance Facility

Volume 404: debated on Thursday 8 May 2003

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To ask the Chancellor of the Exchequer what recent steps he has taken to promote the International Finance Facility. [111904]

The Chancellor of the Exchequer and the Treasury continue to promote the IFF through all relevant national and international fora.In addition to positive discussions at recent G7 Finance Ministers' meetings and the Spring Meetings of the IMF and World Bank, the Chancellor and his officials continue to discuss the proposal with nongovernmental organisations, faith and community groups and the business community—both nationally and internationally.I also raised this with fellow Ministers from Members States of the OECD at a meeting in Paris last week.