§ Mr. FearnTo ask the Secretary of State for Foreign and Commonwealth Affairs what provisions Her Majesty's Government have made to cancel Zambia's aid debt.
§ Mrs. ChalkerAs I told the House on 5 April at column734, as part of our support for Zambia's present programme of structural adjustment and economic reform we have offered to reschedule all repayments, totalling some £12.85 million, of aid debt due from Zambia in the current (1990–91) United Kingdom financial year. These include accumulated arrears since Zambia ceased to service its aid loans in 1987. We hope to finalise the arrangements shortly.