§ Mr. Battle
To ask the Secretary of State for Foreign and Commonwealth Affairs how much in cash terms and constant prices the Government spent in 1980, 1990, 1991 and 1992 on subsidies on loans to developing countries(a) included in ODA expenditure and (b) not included in ODA expenditure.
§ Mr. Lennox-Boyd
Details of the value of interest stabilisation and subsidised loans to developing countries, are as follows:
United Kingdom gross official flows to developing countries1 Interest Stabilisation and Subsidised Loans Cash Terms Constant Prices (1992) £ million (a) Included in Official Development Assistance2 1980 74 154 1990 6 7
Interest Stabilisation and Subsidised Loans Cash Terms Constant Prices (1992) £ million 1991 24 25 1992 30 30 (b) Not included in Official Development Assistance3 1980 278 574 1990 386 431 1991 346 361 1992 252 252 1Note that gross official flows do not include loan repayments. 2This comprises grants for interest subsidies included in Associated Financing packages and bilateral loans. 3This comprises subsidies to national private exporters and investors, loans to national private investors and other bilateral securities and claims.