The UK strongly supports the transparent and sustainable lending practices to sovereigns, particularly low-income countries (LICs).
In 2017, the G20 agreed Operational Guidelines for Sustainable Financing to promote transparent and sustainable lending to LICs from G20 members. The UK is working with G20 partners to ensure the ongoing implementation of the Guidelines.
In April 2018, the International Monetary Fund (IMF) and World Bank Group (WBG) announced a joint multi-pronged approach to promote debt transparency and sustainability in LICs. The UK will continue to work with other G20 members to monitor the progress of this work programme which is led by the multilateral institutions.