§ Mr. LilleyTo ask the Chancellor of the Exchequer if he will list by country the value of outstanding debts on loans(a) made by and (b) guaranteed by the British Government to highly indebted poor countries. [42042]
§ Mr. Gordon Brown[holding answer 14 May 1998]: (a) All development assistance to Highly Indebted Poor Countries has been in the form of grants for many years, and the vast majority of old aid loans, to an amount of £1.2 billion, have been forgiven. At 1 May 1998, the only outstanding debts on UK aid loans to HIPCs are shown in the table:
Country Amount (£) Cameroon 67,000 Liberia 78,000 Nigeria 4,900,000 (b) At end 1997, the outstanding debts on loans guaranteed by the Government through ECGD, to the 41 countries identified under the HIPC initiative, were as follows:
292W
£ million Country Debt owned to ECGD Angola 91 Benin 3 Bolivia 18 Burkina Faso 1 Burundi 0 Cameroon 62 C.A.R. 1 Chad 0 Congo-Brazzaville 123 Cote d'Ivoire 31 DR Congo (ex Zaire) 129 Equatorial Guinea 0 Ethiopia 12 Ghana 4 Guinea 5 Guinea Bissau 0 Guyana 44 Honduras 0.5 Kenya 44 Lao PDR 0 Liberia 15 Madagascar 27 Mali 4 Mauritania 7 Mozambique 86 Myanmar 25 Nicaragua 1 Niger 11 Nigeria 3,100
£ million Country Debt owned to ECGD Rwanda 0 Sao Tome et Principe 0 Senegal 3 Sierra Leone 4 Somalia 28 Sudan 405 Tanzania 126 Togo 14 Uganda 14 Vietnam 10 Yemen 6 Zambia 234