HC Deb 30 November 1971 vol 827 cc74-5W
Mr. Shore

asked the Secretary of State for Foreign and Commonwealth Affairs what repayments of loans made by the United Kingdom to the Pakistan Government have been made in each year since 1965; and by how much it is estimated that Pakistan will default in 1971 and 1972.

Mr. Kershaw

The Pakistan Government has made the following repayments of principal and interest on British official loans since 1965:

£
1965 1,555,736
1966 2,788,529
1967 3,897,105
1968 3,982,436
1969 2,904,003
1970 3,254,678
1971 1,400,911

The Pakistan Government has informed the British Government that the moratorium on the servicing of aid loans which it declared for the six month beginning 1st May, 1971, has been extended until 31st January, 1972. By the end of 1971 the unpaid debt will amount to £2,584,362. No payments are due in January, 1972.

Mr. Shore

asked the Secretary of State for Foreign and Commonwealth Affairs how much economic aid has been paid by the United Kingdom to Pakistan in each year since 1965; and what are the estimates for 1971 and 1972.

Mr. Kershaw

Disbursements of economic aid including technical assistance to Pakistan since 1965 have been as follows:

£ million
1965 9.938
1966 10.739
1967 11.947
1968 9.540
1969 11.148
1971 10.618

It is estimated that under existing agreements £5.5 million will be disbursed in 1971. In addition £2 million which has been pledged to the United Nations for relief to East Pakistan is likely to be disbursed this year. In the present uncertain situation I cannot give any estimate of disbursements in 1972.

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