Written question asked by Lord Jones of Cheltenham (Liberal Democrat) on Thursday, 3 December 1998, in the House of Commons. It was due for an answer on Wednesday, 9 December 1998. It was answered by Lord Mandelson (Labour) on Wednesday, 9 December 1998 on behalf of the Department of Trade and Industry.

Dept of Trade and Industry

Question: To ask the Secretary of State for Trade and Industry, what proportion of the purchase price for 24 Hawk aircraft (a) remains to be repaid by the Indonesian government and (b) has subsequently been included in the rescheduling of Indonesia's international debts. - Inc figs.

Answer: Mr. Nigel Jones: To ask the Secretary of State for Trade and Industry what proportion of the purchase price for 24 Hawk aircraft (a) remains to be repaid by the Indonesian Government and (b) has subsequently been included in the rescheduling of Indonesia's international debts. [62971] Mr. Mandelson: The information is as follows: (a) Principal loan repayments remaining to be paid by the Indonesian Government equate with 40 per cent. of the original purchase price. The ECGD supported loan was for 80 per cent. of the purchase price. (b) Principal instalments totalling 167 million US Dollars have been included in the rescheduling.

Secondary information