HC Deb 08 June 1999 vol 332 cc237-8W
Mr. Kaufman

To ask the Secretary of State for International Development if she will list the sums of debt owed to the United Kingdom by each developing country. [85525]

Clare Short

The figures below show the amounts owed by governments of developing countries to the Department for International Development and to the Export Credits Guarantee Department. We have cancelled the aid debts of the poorest countries to the value of £1.2 billion since 1978. Under the Commonwealth Debt Initiative announced in 1997, we have agreed to cancel the aid debts of the remaining Commonwealth countries which are committed to eradicating poverty and achieving the international development goals, which have transparent and accountable government, and which are bearing down on corruption.

In the Paris Club, the UK has played a full role. We have provided £1.3 billion of debt relief since 1989 on official export credit debt.

Outstanding debt to the UK
£ million
Country Outstanding aid loans1 Official export credit debt2
Algeria 164.6
Angola 106.0
Antigua & Barbuda 1.60 1.60
Argentina 55.60
Belize 11.9
Benin 2.70
Bolivia 11.50
Bosnia 3.00
Brazil 1.97 523.70
Bulgaria 11.90
Burkina Faso 1.00
Cameroon 69.90
Cayman Islands 0.17
Central African Republic 0.30

Outstanding debt to the UK
£million
Country Outstanding aid loans 1 Official export credit debt2
Colombia 0.15 0.30
Congo 139.50
Costa Rica 0.76
Cote d'Ivoire 22.30
Croatia 78.00
Cuba 78.70
Cyprus 0.12
DR Congo 138.90
Ecuador 11.50 56.40
Egypt 183.70
Ethiopia 11.70
Gabon 133.10
Ghana 2.10
Guinea Republic 5.20
Guyana 43.90
India 2.40
Indonesia 42.10
Jamaica 29.10 2.60
Jordan 342.50
Kenya 36.70
Liberia 0.08 14.60
Macedonia 4.50
Madagascar 27.20
Malawi 0.70
Malaysia 2.80
Mali 4.10
Mauritania 6.80
Mexico 65.50
Morocco 53.10
Mozambique 89.90
Nicaragua 1.00
Niger 10.90
Nigeria 4.93 3,496.30
Paraguay 1.87
Peru 154.70
Philippines 2.77 23.80
Poland 898.90
Russia 631.90
Senegal 1.50
Seychelles 8.60
Sierra Leone 3.60
Somali Republic 27.40
St. Kitts 2.30
St. Vincent 3.28
Sudan 330.50
Swaziland 1.53
Tanzania 113.10
Togo 13.70
Turkey 22.70
Uganda 5.60
Vietnam 10.40
Yemen 3.10
Zambia 237.20
Zimbabwe 10.90
Total 121.43 8,499.20
1 As of May 1999
25 As of March 1999

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