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Dept for International Development

Answer

Dr. Tonge: To ask the Secretary of State for International Development what the value is of bilateral debt repayments to the United Kingdom for (a) 2000-01 and (b) 2001-02, broken down by each of the HIPC eligible countries. [53791] Clare Short: The value of bilateral debt repayment to the UK by the Heavily Indebted Poor Countries is £11.603 million for 2000-01 and £19.575 million for 2001-02. These figures relate to old rescheduled debt owed to ECGD from the 1970s and 1980s; details are set out, by HIPC country, and by financial year, in the table. There were no repayments on aid loans to the UK, as we have already cancelled our aid debts to all the poorest countries, not just HIPCs. The Government provide 100 per cent. relief on their bilateral debt to HIPC countries once they qualify for debt relief under the HIPC initiative. Amount of debt repayment received by ECGD from HIPCs Recoveries £ million _________________________________________________________________________________________________. HIPC country 2000-01 2001-02 Angola -- -- Benin{1} 0.146 0.051 Bolivia{1} 0.872 0.409 Burkina Faso{1} 0.066 0.061 Cameroon{1} 1.421 0.363 Central African Republic 0.010 -- Congo -- -- Cote d'Ivoire -- -- Democratic Republic of Congo -- -- Ethiopia{1} 0.526 -- Ghana{1} 0.705 -- Guinea Republic{1} 0.185 0.012 Guyana 3.026 1.228 Kenya -- 14.942 Liberia -- -- Madagascar{1} -- -- Malawi{1} 0.114 -- Mali{1} 0.240 0.095 Mauritania{1} 0.005 0.009 Mozambique{1} -- -- Nicaragua{1} -- -- Niger{1} -- -- Senegal{1} 0.013 0.176 Sierra Leone{1} -- -- Somalia -- -- Sudan -- -- Tanzania{1} -- 0.387 Togo -- -- Uganda{1} 0.465 -- Vietnam 0.749 0.699 Yemen{1} 0.213 0.186 Zambia{1} 2.847 0.957 Total 11.603 19,575 _________________________________________________________________________________________________. {1} Have now passed Decision Point. Note: When HIPCs reach their Decision Points they are no longer required to service their debt--with a commitment to full write-off, eg Bolivia, Uganda, Mozambique and Tanzania.

Secondary information

Type

Written question

Reference

53791; 385 c11-2W

Session

2001-02

Subjects

Debts Developing countries Debts written off Repayments

Contains statistics

Yes

Link

View this Written question on www.publications.parliament.uk