§ Mr. WorthingtonTo ask the Chancellor of the Exchequer what was the outcome of the recent Paris Club meeting with regard to the debts of Guinea, Togo, Uganda, Chad and Guinea-Bissau; and what is the schedule for further debt relief for other countries.
§ Mr. NelsonSince the December Paris Club agreement to offer greater debt relief under the full Trinidad terms, Chad, Togo and Guinea-Bissau have been offered maturities treatment with 67 per cent. debt reduction. Guinea has received maturities treatment with 50 per cent. debt reduction. Uganda was offered a debt stock reduction at 67 per cent.
The Paris Club meets monthly to discuss debt relief for countries on a case-by-case basis.