§ Dr. Miss LestorTo ask the Secretary of State for Foreign and Commonwealth Affairs how many loans requested by Rwanda from the World bank and the IMF since 1989 are being withheld until repayments on existing loans are resumed.
§ Mr. BaldryAll 13 active loans, of which eight have been approved since 1989, from the World bank and one IMF structural adjustment facility programme are currently under suspension. The bank has an emergency reconstruction loan under preparation.
§ Dr. Miss LestorTo ask the Secretary of State for Foreign and Commonwealth Affairs when and under what conditions loans were disbursed to Rwanda by the IMF and the World bank after 1989.
§ Mr. BaldryThe information requested is as follows:
International Development Association (IDA) credits approved1990–93 date March 1990 Public enterprise reform May 1990 Transport sector December 1990 Communications April 1991 Education sector June 1991 Structural adjustment June 1991 Population June 1992 Food security and social action February 1993 Energy sector rehabilitation Note:
Loans under implementation which were approved before 1990 are not included.
IMF April 1991 SAF (structural adjustment facility) programme
§ Dr. Miss LestorTo ask the Secretary of State for Foreign and Commonwealth Affairs what are Rwanda's outstanding debts to(a) the World bank (b) the IMF and (c) the United Kingdom.
§ Mr. BaldryAs at the end of June 1994, Rwanda had a total of $474 million in loans disbursed and outstanding to the World bank, SDR8.76 million to the IMF and no debt currently owed to the United Kingdom. Arrears to 121W the World bank totalled $9.5 million. The bank has received firm indications of support from a number of bilateral donors to assist in clearing these arrears.