§ Mr. MacdonaldTo ask the Secretary of State for Foreign and Commonwealth Affairs whether he has any plans to contribute funds for the building of a ring road in north-west Cameroon.
§ Mrs. ChalkerFunding of that part of the Bamenda ring road project proposed for UK finance would require an ECGD covered commercial loan in association with aid funds—the latter from the aid and trade provision. There is currently no medium or long-term ECGD cover to Cameroon following its 1987–1988 economic crisis and subsequent structural adjustment programme. In the event of export credit cover being restored, construction of part of the ring road would be considered, alongside any other eligible proposals for ATP funding, if it met the conditions pertaining to such cover.