§ Mrs. ClwydTo ask the Secretary of State for Foreign and Commonwealth Affairs if he will provide details of Her Majesty's Government's bilateral and multilateral support for development in Guyana.
§ Mr. Lennox-Boyd[holding answer 9 July 1992]:] We have made it clear to the Guyana Government that no new pledges of capital aid or technical co-operation commitments will be made until free and fair elections have been held and a government with sound economic policies is in place. Bilateral aid commitments already made in support of Guyana's economic reform programme have been fulfilled. The main contributions have been:
- £13.7 million of programme aid in support of the balance of payments.
- a $10.5 million (£6.135 million) short-term loan to assist payment of arrears to the international financial institutions.
- technical co-operation running at about £1.5 million a year.
- a grant of about £3.4 million to meet payments due to British companies for development projects.
In addition, we have waived about £6 million and deferred about £3 million of aid debt payments, and rescheduled official commercial debts on concessional terms.
We have supported Guyana's economic reform programme in the relevant multilateral fora. Britain contributes resources to the main multilateral agencies assisting Guyana, but there are no internationally agreed data on multilateral aid received by individual countries and attributable to donor countries.