HC Deb 19 January 1988 vol 125 c652W
Mr. Steel

To ask the Chancellor of the Exchequer if he will extend the repayment period on official loans to developing countries from 10 years to 20 years.

Mr. Lawson

The United Kingdom has almost completed its programme of converting old aid loans into grants to the least developed countries. To date seven sub-Saharan African countries have been granted repayment periods of between 15 and 20 years on their officially guaranteed debts when rescheduling through the Paris club.