HC Deb 13 May 1983 vol 42 c522W
Mr. Shersby

asked the Secretary of State for Foreign and Commonwealth Affairs what is the total amount of overseas aid given by the United Kingdom to Zimbabwe since independence; how much is in terms of cash; and how much in technical assistance.

Mr. Raison

Between independence in April 1980 and the end of March 1983, the United Kingdom Government have provided about £52.7 million of bilateral aid to Zimbabwe — this includes an estimated figure for disbursements in the 1982–83 financial year. Of this, about £32.5 million was capital aid and about £20.2 million was technical co-operation. None of this aid has been provided in the form of cash grants.

In addition, it was agreed in June 1980 that Zimbabwe's outstanding capital debt to Her Majesty's Government should be written down from some £55 million to some £33 million, and that the balance should be rescheduled over 10 years.

Mr. Shersby

asked the Secretary of State for Foreign and Commonwealth Affairs what is the estimated amount of private flows of overseas aid to Zimbabwe since independence.

Mr. Raison

Private flows do not count as aid. However, there was direct investment by United Kingdom companies in Zimbabwe of £32.9 million in 1980 and £55.7 million in 1981. Figures for 1982 are not available and it is not possible to state how much of the investment in 1980 occurred after independence. Figures for portfolio investment are not available and those for bank lending are not classified by individual country.