Developing Countries: Debts
The question
To ask the Chancellor of the Exchequer, what the value is of outstanding (a) loans and (b) debts liable to the UK from lower-income countries.
Answered by Lucy Rigby
The value of outstanding debt from Low Income Countries to the UK is approximately £2.1bn as of August 2024.
This data is publicly available in the ‘Report on outstanding debt owed by other countries to His Majesty’s Government in 2024’, published on gov.uk in December 2024. Low Income Countries are defined in this response using the Development Assistance Committee list of Least Developed Countries from the Organisation for Economic Co-operation and Development.
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