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Written question asked by Steve Webb (Liberal Democrat) on Wednesday, 20 January 1999, in the House of Commons. It was due for an answer on Wednesday, 3 February 1999. It was answered by Patricia Hewitt (Labour) on Wednesday, 3 February 1999 on behalf of the Treasury.

Treasury

Question
To ask Mr Chancellor of the Exchequer, if he will make a statement on the progress of the Highly Indebted Poor Countries Initiative. - Includes figures.
Answer

Mr. Webb: To ask the Chancellor of the Exchequer if he will make a statement on the progress of the Heavily Indebted Poor Countries Initiative. [67513] Ms Hewitt: 31 out of 40 countries originally identified by the IMF/World Bank as being eligible for inclusion into the Heavily Indebted Poor Countries (HIPC) initiative have begun the process of securing a sustainable exit to their debt burden. Two countries have reached the end of the process. A further seven countries have reached Decision Point. The IMF/World Bank are to carry out a comprehensive review of the HIPC initiative this year.

Secondary information

Type
Written question
Reference
67513; 324 c677W
Session
1998-99
Subjects
Debts Developing countries Heavily indebted poor countries initiative
Contains statistics
Yes