Zimbabwe - Question

Part of the debate – in the House of Lords at 11:21 am on 8th September 2016.

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Photo of Baroness Goldie Baroness Goldie Lord in Waiting (HM Household) (Whip), Baroness in Waiting (HM Household) (Whip) 11:21 am, 8th September 2016

My Lords, there is no bailout for the Zimbabwean Government and no British taxpayer money is used to fund that Government. The Government of Zimbabwe are in discussion with private sector banks to arrange a financial package to clear their debt arrears to the international financial institutions. We do not provide specific guidance about the provision of funds to Zimbabwe, but if asked, we would discuss the situation, highlighting the financial and political risks of operating in Zimbabwe.