HC Deb 24 July 1978 vol 954 c479W
Mr. John Page

asked the Minister of Overseas Development whether she will arrange that, when loans are made or aid given to Zambia by the British Government, debts which are owed to British individuals and companies shall be settled in full either directly in the United Kingdom or as an undertaking by Zambia as a quid pro quo for the loan being made in the first place.

Mrs. Hart

No. My right hon. Friend the Prime Minister has emphasised to President Kaunda our concern that moneys standing to the credit of British companies and individuals in Zambian banks should be remitted as quickly as possible. I understand that the Zambian Government are now applying recent IMF credits to reduce the arrears.