HC Deb 15 December 1983 vol 50 cc518-9W
Mr. Corbyn

asked the Secretary of State for Foreign and Commonwealth Affairs what is the value of the loans made by the World Bank for each of the last five years to El Salvador, Nicaragua and Grenada.

Mr. Raison

The International Bank for Reconstruction and Development—IBRD—and its soft-loan affiliate the International Development Association —IDA—have granted loans and credits to El Salvador and Nicaragua in the following amounts:

US $ million
World Bank Financial Years (July-June) Nicaragua El Salvador
IBRD IDA IBRD IDA
1979 23.5
1980 20.0 32.0
1981 *30.0 5.0
1982 16.0
1983

No loans or credits have been made to Grenada during this period.

* A further US$3.7 million was made available to the Instituto Nicaragüense de Acueductos y Alcantarillados, with the Nicaraguan Government as guarantor.

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