HC Deb 08 February 1990 vol 166 cc714-5W
Mrs. Gorman

To ask the Secretary of State for Foreign and Commonwealth Affairs what is the total outstanding debt owed to Her Majesty's Government by the MF'LA Government; what arrangements have been made for repayments and if he will make a statement; how much MPLA debt to this country is guaranteed by Her Majesty's Government for repayment; if he will place in the Library a copy of an agreed debt cut between Her Majesty's Government and the MPLA Government; and if he will estimate the amount of private sector debt owed to companies in the United Kingdom by the MF'LA Government.

Mrs. Gorman

To ask the Secretary of State for Foreign and Commonwealth Affairs if he will place in the Library a copy of any debt list agreed between Her Majesty's Government and the Government of Angola.

Mr. Maude

Angola's outstanding debt to Her Majesty's Government is all owed to ECGD. For commercial reasons, ECGD does not reveal detailed figures for debt that it is owed by individual countries, or for its outstanding guarantees. A copy of the United Kingdom-Angola debt agreement No. 1 (1987) which rescheduled some of Angola's debt payments to ECGD is available in the Library of the House. A second rescheduling was negotiated last year and an agreement will be signed shortly. Lists of debt covered by the rescheduling are not published. As for private sector debt, figures for debts to United Kingdom banks are given in table 15 of the Bank of England'sQuarterly Bulletin , a copy of which is available in the Library of the House. Figures for debts to other private sector institutions are not available.

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