§ Mrs. ClwydTo ask the Chancellor of the Exchequer what the value to the United Kingdom was of debt interest payments from developing countries in 1990–91.
§ Mr. MaplesThe total of debt interest payments from developing countries to the United Kingdom Government during 1990–91 was £232 million, comprising approximately £228 million of payments to the Export Credits Guarantee Department on rescheduled debt and £4 million of payments to the Overseas Development Administration in respect of aid loans.
§ Mrs. ClwydTo ask the Chancellor of the Exchequer what is the current total of outstanding debt owed to the United Kingdom by developing countries.
§ Mr. MaplesThe total of developing country debt outstanding owed to the United Kingdom Government is £5,739 million, comprising £5,089 million of claims and outstanding interest on those claims owed to the Export Credits Guarantee Department and £650 million owed to the Overseas Development Administration.
§ Mrs. ClwydTo ask the Chancellor of the Exchequer what is the current total of outstanding debt owed to United Kingdom commercial banks by developing countries.
§ Mr. MaplesI refer the hon. Lady to the figures contained in table 15 of the latest "Bank of England Quarterly Bulletin", published in November 1991.