Only a few days to go: We’re raising £25,000 to keep TheyWorkForYou running and make sure people across the UK can hold their elected representatives to account.

Donate to our crowdfunder

Africa

Part of the debate – in the House of Commons at 4:13 pm on 30th March 2009.

Alert me about debates like this

Photo of Hugh Bayley Hugh Bayley NATO Parliamentary Assembly UK Delegation 4:13 pm, 30th March 2009

Last week I was in Tanzania with the International Development Committee. I had the opportunity to speak at some length with the IMF country representative and the IMF director for Africa from Washington DC. The IMF recognises the need for a country such as Tanzania to increase public spending modestly by 2 or 3 per cent. in order to try to generate domestic demand to take up the slack caused by loss of export orders. Although that does not apply to all African countries—all their circumstances are different—it applies to several. Will the IMF have sufficient resources to extend loans to African countries that need them in the downturn, and will that be discussed at the summit this week?

Embed this video

Copy and paste this code on your website