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Mr. Lilley: To ask the Chancellor of the Exchequer if he will make a statement on the value of loans including unpaid interest todeveloping countries made or guaranteed by the British Government which have been forgiven or written off since 1979 broken down by(a) country, (b) year and (c) type of debt; and what has been the total value of loans forgiven or written off since (i) 1979 and(ii) 5 May 1997. [42043]Mrs. Liddell: [holding answer 14 May 1998]: (a) The table shows the value (in millions of pounds) of the principal of export creditloans which has been written off by ECGD, broken down by year and by country. The value of unpaid interest forgiven or written offis not available.£ million_________________________________________________________________________________________________.Country 1992-3 1993-4 1994-56 1995-6 1996-7 1997-8 TotalBenin 3.77 -- 3.83 -- -- -- 7.6Bolivia 3.56 -- 3.74 5.79 -- -- 13.09Burkina Faso -- -- 0.57 -- 0.56 -- 1.13Egypt -- -- 70.79 -- 96.23 4.22 171.24Ethiopia -- -- -- -- -- 2.32 2.32Guyana -- -- -- -- -- 72.25 72.25Mali -- -- -- -- 7.06 -- 7.06Mauritania -- -- -- 0.39 0.08 -- 0.47Mozambique -- -- -- -- -- 0.79 0.79Nicaragua 0.4 -- 0.4 -- -- -- 0.8Niger -- -- -- -- 0.06 0.13 0.18Poland -- -- 346.24 -- -- -- 346.24Senegal 0.03 -- 0.18 0.08 0.03 -- 0.33Tanzania 17.6 -- 19.01 -- -- 0.76 37.36Togo -- -- -- 1.76 1.98 0.49 4.23Uganda -- -- -- 6.05 -- -- 6.05Vietnam -- -- 5.84 -- -- -- 5.84Yemen -- -- -- -- 6.26 -- 6.26Zambia -- -- -- -- 6.65 0.28 6.93Total 25.36 0 450.59 14.07 118.9 81.24 690.16_________________________________________________________________________________________________.No export credit loans were written off before 1991/2, making the total written off since 1979 £690.16 million. The total writtenoff in the financial year 1997/8 (ie including April 1997) is £81.24 million.(b) The table shows the value (in millions of pounds) of aid loans, including unpaid interest, which has been written off by DFID,broken down by year and by country.£ million_________________________________________________________________________________________________.Country Year Granted AmountBotswana 1979 20.68Lesotho 1979 0.4Malawi 1979 30.7Sierra Leone 1979 10.35Sudan 1979 9.87Tanzania 1979 3.4The Gambia 1979 5.15Egypt 1979 17.57Afghanistan 1979 0.98Bangladesh 1979 15.36India{2} 1979 564.16Indonesia 1979 39.85Nepal 1979 1.97Pakistan 1979 76.03Sir Lanka 1979 25.21West. Samoa 1979 0.2Zimbabwe{1} 1980 22.9Uganda 1981 16.45Uganda{1} 1981 5.64Mozambique 1983 21.81EAC{3} 1984 2.33Ethiopia 1984 2.5Ghana 1985 50.85Senegal 1988 1.07Egypt 1991 7.02Guyana{1} 1991 5.46Bolivia 1992 0.14Honduras 1992 5Jamaica{1} 1992 6.1Zambia 1993 55.91Guyana 1993 53.43Jordan 1994 43.79Jordan{1} 1994 2.35Nicaragua 1995 0.53Nicaragua{1} 1995 0.05Peru 1995 1.63Peru{1} 1995 3.46Cote d'Ivoire 1996 3.45Laos 1997 0.03Tonga 1997 0.46Dominica 1997 6.6Grenada 1997 3.31St. Lucia 1997 2.83Mauritius 1998 1.1Barbados 1998 0.23Jamaica 1998 7.3TCI{4} 1998 1.88Total 1979-98 1,157.5_________________________________________________________________________________________________.{1} These countries received Special Debt Cancellation (SDC) rather than Retrospective Terms Adjustment (RTA). However, bothmechanisms operate in the same manner. {2} For India, an equivalent amount of cost aid was granted instead of normal RTA {3} EastAfrican Community {4} Turks and Caicos Islands The total value of aid loans that has been written off since 1979 is £1,157.5million. Of this amount, £23.74 million has so far been written off since the beginning of 1997. |