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Mr. Timms: To ask the Chancellor of the Exchequer what is the total amount loaned by the UK to the Governments of (a) Rwanda, (b)Zaire and the Democratic Republic of the Congo and (c) Mozambique under new loan agreements made since 1 January 1968; what is thetotal sum repaid to date by (a) to (c) to the UK in respect of these agreements in terms of (i) principal and (ii) interest; andwhat is the remaining sum due to be repaid as currently scheduled in terms of (1) principal and (2) interest. [31773]Mrs. Liddell: [holding answer 27 February 1998]:Amount loaned by ECGD to the Governments of (a) Rwanda, (b) Zaire and The Democratic Republic of The Congo and (c) Mozambique undernew loan agreements made since 1 January 1968 is nil.1. Total sum (in pounds sterling) repaid to date under the Paris Club rescheduled debt agreements is as follows:£_________________________________________________________________________________________________.Country Past principal due Paid Past interest due PaidRwanda 0 0 0 0Mozambique 1,352,131 1,352,131 8,178,195 8,178,195DRC/Zaire 58,888,097 12,853,115 74,607,438 21,126,780_________________________________________________________________________________________________.2. Remaining sums (in pounds sterling) due to be repaid as currently scheduled:£_________________________________________________________________________________________________.Future principal due Future interest dueRwanda 0 0Mozambique 90,806,268 Not knownDRC/Zaire 36,046,189 Not known_________________________________________________________________________________________________.The figures for "Future Interest" are not known as amounts of interest payable under current Agreements. These will depend onmovements in the six month LIBOR rate. |