HC Deb 09 December 1998 vol 322 c200W
Mr. Nigel Jones

To ask the Secretary of State for Trade and Industry what proportion of the purchase price for 24 Hawk aircraft(a) remains to be repaid by the Indonesian Government and (b) has subsequently been included in the rescheduling of Indonesia's international debts. [62971]

Mr. Mandelson

The information is as follows:

  1. (a) Principal loan repayments remaining to be paid by the Indonesian Government equate with 40 per cent. of the original purchase price. The ECGD supported loan was for 80 per cent. of the purchase price.
  2. (b) Principal instalments totalling 167 million US Dollars have been included in the rescheduling.