HC Deb 17 February 1995 vol 254 c875W
Sir Thomas Arnold

To ask the Chancellor of the Exchequer what is Cuba's external public debt; and how much is owning to Her Majesty's Government or agencies thereof.

Mr. Nelson

We have no reliable estimate of Cuba's total external public debt. The OECD estimates Cuba's total external debt at $35 billion—end 1993.

A total of £54.6 million is currently owed to HMG under four bilateral debt rescheduling agreements. A further £17.1 million, plus late interest, remains outstanding under contracts insured by HMG through the Exports Credits Guarantee Department.