HC Deb 13 December 1994 vol 251 cc589-90W
Miss Lestor

To ask the Chancellor of the Exchequer (1) how much debt owed by developing countries has been cancelled by the Paris Club since the introduction of the Trinidad terms in 1990;

(2) how much debt owed by severely indebted low-income countries has been cancelled by the Paris Club since the introduction of the Trinidad terms in 1990.

Mr. Nelson

The following figures are World bank estimates of debt forgiveness since 1990 by the Paris Club, in net present value terms:

US$ billion
(a) All Developing Countries 2.2
(b) Severely Indebted Low Income Countries SILICs (as of end 1993) 1.7

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