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Mr. McFall
To ask the Chancellor of the Exchequer how much Government to Government debt is owed by the Government of Peru to Her Majesty's Government.
Mr. Nelson
Outstanding debt owed to the United Kingdom Government by Peru in respect of credits guaranteed by the Export Credits Guarantee Department (ECGD) and loans advanced by the Overseas Development Administration (ODA) amounts to £112 million, a large proportion of which was recently rescheduled by the Paris Club of creditor nations.