HC Deb 21 March 1994 vol 240 c21W
Mr. Tom Clarke

To ask the Chancellor of the Exchequer what plans Her Majesty's Government have to review the current position regarding the level of Ugandan debt, in the light of the forthcoming meeting of the Paris club.

Mr. Nelson

Uganda received a concessional rescheduling of her official bilateral debts from the Paris club creditors on 17 July 1992. The agreement was on Trinidad terms.

Under the terms of this agreement, creditors agreed to consider reducing the whole stock of official bilateral debt by up to 50 per cent. subject to Uganda maintaining a three to four-year track record of reform with the IMF.