Developing Countries: Debts

International Development written question – answered on 11th July 2012.

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Photo of Alan Duncan Alan Duncan The Minister of State, Department for International Development

DFID holds information on loans previously provided by DFID (and its predecessor Departments) and a portfolio of loans to governments once held by CDC but managed and administered by DFID since 2008. The total outstanding value of these loans (principal amount only) is £91,871,000, this figure can be found on page 170 of the DFID 2011-12 annual report and accounts and is the total of all outstanding loans as at 31 March 2012.

Of this amount, the total outstanding value of rescheduled loans (principal only) is £34,272,864.

DFID does not currently make any new loans directly to developing countries. Information on the amount of new and rescheduled bilateral export credit is held by UK Export Finance (Export Credit Guarantee Department).

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