§ Sir John StanleyTo ask the Secretary of State for Foreign and Commonwealth Affairs (1) if he will list the amounts country by country of the old aid loans that have been converted to grants made by the Overseas Development Administration to countries which are now eligible to benefit from the special Paris club rescheduling of official debt for the poorest most heavily indebted countries; and when the conversions of these loans to grants took place;
(2) if he will list country by country the amounts of official debt owed to the Overseas Development Administration by the poorest and most heavily indebted countries eligible for the special Paris Club rescheduling of official debt; and what is the total of such debt.
§ Mr. Chris PattenThere is no list as such of countries eligible for the special rescheduling terms agreed by the Paris Club following the Toronto summit in June. Decisions on eligibility are reached by consensus and on a case-by-case basis. The Paris Club has agreed that the criteria will be poverty, indebtedness, an agreed IMF adjustment programme and good track record in debt servicing.
371WThe United Kingdom has cancelled most of the old aid loans made by the ODA to poor countries and all aid to poor countries is now on grant terms. The list of countries whose loans have been converted to grants is as follows:
£ million Sub-Saharan Africa Botswana (1979) 20.68 Ethiopia (1984) 2.57 Ghana (1985) 50.88 Kenya (1978) 68.88 Lesotho (1979) 0.40 Malawi (1979) 30.70 Mozambique (1983) 22.50 Senegal (1988) 1.07 Sierra Leone (1979) 10.41 Sudan (1979) 9.91 Tanzania (1979) 3.40 The Gambia (1979) 5.22 Uganda (1981) 16.45 EAC (1984) 2.45 Total sub-Saharan Africa (13 countries): £245.52 million Other Africa Egypt (1979) 17.80 Total Africa (14 countries): £263.32 million Asia and Pacific Afghanistan (1979) 0.98 Bangladesh (1979) 15.67 India1 (1979) 564.16 Indoneisia (1979) 39.85 Nepal (1979) 1.97 Pakistan (1979) 76.42 Sri Lanka (1979) 25.21 Western Samoa (1979) 0.20 Total Asia and Pacific (8 countries): £724.46 million Total (22 countries): £987.78 million Year granted shown in brackets.
1 An equivalent amount of local cost aid was offered.
Details of official debts by all developing countries outstanding at the end of 1986 were given by my hon. Friend the Economic Secretary to the Treasury in his answer to the hon. Member for Eccles (Miss Lestor) on 18 April, at columns 328–30.