Written question asked by Laurence Robertson (Conservative) on Thursday, 26 November 1998, in the House of Commons. It was due for an answer on Thursday, 10 December 1998. It was answered by Patricia Hewitt (Labour) on Thursday, 10 December 1998 on behalf of the Treasury.

Treasury

Question: To ask Mr Chancellor of the Exchequer, What discussions he has had with the governments of Honduras and Nicaragua regarding debt relief; what steps he has taken to secure debt relief for those countries; and if he will make a statement.

Answer: Mr. Laurence Robertson: To ask the Chancellor of the Exchequer what discussions he has had with the Governments of Honduras and Nicaragua regarding debt relief; what steps he has taken to secure debt relief for those countries; and if he will make a statement. [61773] Ms Hewitt: The UK has already written off all of its aid loans to Honduras and Nicaragua. Last month, the Chancellor and Secretary of State for International Development called on the International Financial Institutions to look at mechanisms that could mitigate the debt service burdens on Honduras and Nicaragua and announced a £10 million contribution to a multilateral Trust Fund to help meet debt service payments to the IMF and World Bank.

Secondary information

Type: Written question
Reference: 61773; 322 c299W
Session: 1998-99
Subjects: Debts Development aid Debts written off Debt rescheduling International Monetary Fund Honduras Nicaragua