HC Deb 26 April 1999 vol 330 cc59-60W
Ms Drown

To ask the Chancellor of the Exchequer what response his Department has given to the proposal of Jubilee 2000 for a concordat on levels of debt cancellation and how funds released should be spent; and if the Government will discuss this proposal with other creditors to secure agreement for substantial debt cancellation by the end of 1999. [82003]

Ms Hewitt

Departmental officials have attended several discussions of Jubilee 2000's proposals, including a round-table seminar organised by Jubilee 2000 and a HIPC Review Consultation Meeting held by the World Bank. We shall certainly take part in any future discussions with other creditors on these proposals.

Ms Drown

To ask the Chancellor of the Exchequer if he will make a statement on the progress of the Commonwealth debt initiative, set out in his Mauritius speech, indicating which countries have received debt relief and the level of that relief. [82005]

Ms Hewitt

Seven countries have qualified for debt relief packages under the World Bank/IMF's Heavily Indebted Poor Countries (HIPC) initiative and three countries—Ethiopia, Guinea-Bissau and Mauritania—would be expected to qualify based on preliminary discussions. Uganda and Bolivia have received assistance at completion point, of $347 million and $448 million respectively. Assistance has been committed for Burkina Faso ($115 million), Guyana ($253 million), Cote d'Ivoire ($345 million), Mozambique ($1,442 million), and Mali ($128 million), and is predicted for Guinea-Bissau ($300 million), Ethiopia ($636 million) and Mauritania ($271 million).