HC Deb 15 March 1995 vol 256 c609W
Mr. Worthington

To ask the Chancellor of the Exchequer what was the outcome of the recent Paris Club meeting with regard to the debts of Guinea, Togo, Uganda, Chad and Guinea-Bissau; and what is the schedule for further debt relief for other countries.

Mr. Nelson

Since the December Paris Club agreement to offer greater debt relief under the full Trinidad terms, Chad, Togo and Guinea-Bissau have been offered maturities treatment with 67 per cent. debt reduction. Guinea has received maturities treatment with 50 per cent. debt reduction. Uganda was offered a debt stock reduction at 67 per cent.

The Paris Club meets monthly to discuss debt relief for countries on a case-by-case basis.