HC Deb 10 May 1923 vol 163 c2598W
Lieut.-Colonel HOWARD-BURY

asked the Chancellor of the Exchequer whether this country is receiving any interest on the War debts owed by Allied countries, and where the interest is not being paid; whether such interest due is added on to the capital amount of the debt; and whether any proposals have been made, or negotiations begun, to fund or pay off such debts?


Interest is being received in cash on a loan of £3,000,000 to the Belgian Congo, and on a loan of £500,000 to Greece. Interest is not being received in cash on the War debts of France, Italy, Serbia, Roumania, Greece (balance of debt), and Portugal. The answer to the second part of the question is in the affirmative, and to the third in the negative.