1-2 of 2 results for subject:Inflation
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Amendments 19 to 21 to Clause 6 negatived on division (6 to 9) respectively. Clauses 6 and 7 to stand part. Amendment 17 to Clause 8 negatived on division (8 to 9). Clauses 8 and 9 to stand part. Amendment 24 to Clause 10 negatived on division (8 to 9). Clause 10 to stand part agreed to on division (9 to 8). New clause 2 added. New clauses 1, 3 to 9 all negatived on division (8 to 9) respectively. Clause 11 to stand part. Amendments made. Clauses 12 and 13 to stand part. Clause 14, as amended, to stand part. Bill, as amended, reported. Written evidence reported.
Amendments 19 to 21 to Clause 6 negatived on division (6 to 9) respectively. Clauses 6 and 7 to stand part. Amendment 17 to Clause 8 negatived on division (8 to 9). Clauses 8 and 9 to stand part. Amendment 24 to Clause 10 negatived on division (8 to 9)....
To ask the Secretary of State for Foreign and Commonwealth Affairs, what recent discussions his Department has had with officials of the Republic of Zimbabwe on that country's rate of inflation.
To ask the Secretary of State for Foreign and Commonwealth Affairs, what recent discussions his Department has had with officials of the Republic of Zimbabwe on that country's rate of inflation.
We regularly discuss Zimbabwe's serious economic problems with its government, including rising inflation fuelled by monetary financing of the budget deficit. We agree with the May 2017 IMF recommendations for the government to take urgent action to curtail public expenditure and refrain from further central bank financing. Zimbabwe urgently needs to embark upon a comprehensive package of reforms through full re-engagement with the International Financial Institutions. We have been clear that this will require genuine commitment to reform in both the economic and governance spheres. Our Ambassador in Harare raised this with the Minister of Finance in April.