HC Deb 20 January 1992 vol 202 c46W
Mrs. Fyfe

To ask the Secretary of State for Foreign and Commonwealth Affairs if he will list those countries whose debts have been written off by Her Majesty's Government, and those countries whose debts have been reduced by two thirds, in the last six months.

Mrs. Chalker

Debt cancellation of up to two thirds is a feature of the proposals for enhanced debt relief made by my right hon. Friend the Prime Minister in Trinidad in 1990. We are delighted that in mid-December, as a direct result of these proposals, the Paris Club began implementing enhanced debt relief on Trinidad terms. Nicaragua and Benin were the first countries to benefit and I hope, and expect, that they will shortly be followed by other poor and indebted countries which are undertaking economic reform. The United Kingdom will continue to push for improvements in the terms offered, along the lines of the Prime Minister's original Trinidad terms proposals.