§ Mr. KaufmanTo 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 ShortThe 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.
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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