HC Deb 10 November 1992 vol 213 c676W
Mr. Dafis

To ask the Chancellor of the Exchequer if he will make it his policy to increase the proportion of developing country debt eligible for write-off from 50 per cent. to 66 per cent.

Sir John Cope

The Government were responsible for the Trinidad initiative to tackle the debt burden of the poorest and most indebted countries, and hopes that Trinidad terms can be developed further in the direction of our original proposals which were for a benchmark figure of two thirds reduction applied immediately to the whole stock of debt.