§ Mr. CorbynTo ask the Chancellor of the Exchequer what was the level of(a) bilateral, (b) private sector and (c) multi-lateral debts with Ghana for each of the past five years; and of this what proportion has been (i) written off and (ii) repaid. [101975]
§ Miss Melanie JohnsonThe World Bank publication "Global Development Finance: Country Tables 1999" gives the following figures on Ghanaian debt for 1993, 1994, 1995, 1996 and 1997. The latest available year data are not provided on debt write off.
Figures US$ million 1993 1994 1995 1996 1997 Level of debt Bilateral 916 1,060 1,140 1,121 1,075 Private Sector 308 387 450 430 437 Multi-lateral 2,404 2,700 2,971 3,118 3,179
Amount US$ million 1993 1994 1995 1996 1997 Principal repayments Bilateral 27 50 43 46 34 Private Sector 47 61 80 98 108 Multi-lateral 41 51 73 54 51 Interest repayments Bilateral 28 27 12 35 27 Private Sector 14 19 6 27 26 Multi-lateral 41 35 40 42 40