§ Mr. WorthingtonTo ask the Secretary of State for Foreign and Commonwealth Affairs what progress is being made at the World bank and IMF in reducing Uganda's debt to these bodies; and what is Uganda's current level of debt to those bodies.
§ Mr. Baldry[holding answer 25 November 1994]: Uganda has outstanding debts of about $391 million to the IMF and $1.25 billion to the World bank. Work is under way in both institutions in response to the proposals on multilateral debt outlined by my right hon. and learned Friend the Chancellor of the Exchequer in his answer on 19 October to the hon. Member for Blaenau Gwent (Mr. Smith), Official Report, columns 272–74.