§ Lord Alton of Liverpool
asked Her Majesty's Government:
What they consider to be the ability of the Indonesian Government to pay for outstanding orders for armaments. [HL2540]
§ The Minister of State, Department of Trade and Industry (Lord Clinton-Davis)
The Government are aware of the severe strains that the financial crisis in South East Asia has imposed on the Indonesian economy. However, all payments due in respect of contracts for defence related equipment which are supported by ECGD facilities have been made on time. The expectation remains that, within the framework of support packages from the International Financial Institutions and other donors, the Indonesian Government will fulfil their obligations.