HC Deb 09 December 1991 vol 200 c303W
Mrs. Clwyd

To 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. Maples

The 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. Clwyd

To ask the Chancellor of the Exchequer what is the current total of outstanding debt owed to the United Kingdom by developing countries.

Mr. Maples

The 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. Clwyd

To ask the Chancellor of the Exchequer what is the current total of outstanding debt owed to United Kingdom commercial banks by developing countries.

Mr. Maples

I refer the hon. Lady to the figures contained in table 15 of the latest "Bank of England Quarterly Bulletin", published in November 1991.