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<p>The UK is committed to supporting the Overseas Territories in building successful
and resilient economies. We provide technical support and encourage best practice
in financial management.</p><p> </p><p>There is currently no outstanding debt owed
to the UK by the five UK Overseas Territories in the Caribbean.</p><p> </p><p>Below
is a breakdown of total debt owed to the UK by other small island states (as defined
by the UN), including a breakdown of repayments due over the next three financial
years.</p><p><strong> </strong></p><p><strong> </strong></p><p><strong> </strong></p><p><strong>
</strong></p><p><strong> </strong></p><p><strong> </strong></p><p><strong>Outstanding
debt owed to the UK by small island states:</strong></p><table><tbody><tr><td><p><strong>Country
</strong></p></td><td><p><strong>Agreement </strong></p></td><td><p><strong>Currency</strong></p></td><td><p><strong>Arrears</strong></p></td><td><p><strong>Total
due for the financial year: 1/4/21 - 31/3/22</strong></p></td><td><p><strong>Total
due for the financial year: 1/4/22 - 31/3/23</strong></p></td><td><p><strong>Total
due for the financial year: 1/4/23 - 31/3/24</strong></p></td><td><p><strong>Total
due over three years, excluding arrears</strong></p></td><td><p><strong>UKEF and FCDO
total exposure, including arrears (£)</strong><strong><strong>[1]</strong></strong></p></td></tr><tr><td><p>Antigua
& Barbuda</p></td><td><p>UK/Antigua & Barbuda Debt Agreement No. 1</p></td><td><p>GBP</p></td><td><p>803,093</p></td><td><p>196,209</p></td><td><p>200,242</p></td><td><p>202,933</p></td><td><p>599,386</p></td><td><p>1,390,000</p></td></tr><tr><td><p>Cuba</p></td><td><p>UK/Cuba
Short Term Debt Rescheduling Agreement</p></td><td><p>GBP</p></td><td><p>3,110,935</p></td><td><p>630,135</p></td><td><p>0.00</p></td><td><p>0.00</p></td><td><p>630,135</p></td><td
rowspan="2"><p>190.970,000</p></td></tr><tr><td><p>Cuba</p></td><td><p>UK/Cuba Debt
Agreement No. 5</p></td><td><p>GBP</p></td><td><p>2,226,624</p></td><td><p>2,923,954</p></td><td><p>3,128,127</p></td><td><p>3,335,317</p></td><td><p>9,387,399</p></td></tr><tr><td><p>Grenada</p></td><td><p>UK/Grenada
Debt Agreement No. 2</p></td><td><p>GBP</p></td><td><p>0.00</p></td><td><p>5,395</p></td><td><p>86,130</p></td><td><p>86,050</p></td><td><p>177,576</p></td><td><p>1,030,000</p></td></tr><tr><td><p>Seychelles</p></td><td><p>UK/Seychelles
No. 1</p></td><td><p>USD</p></td><td><p>0.00</p></td><td><p>8,909</p></td><td><p>149,518</p></td><td><p>169,310</p></td><td><p>327,738</p></td><td
rowspan="2"><p>4,850,000</p></td></tr><tr><td><p>Seychelles</p></td><td><p>UK/Seychelles
No.2</p></td><td><p>GBP</p></td><td><p>0.00</p></td><td><p>252,969</p></td><td><p>552,719</p></td><td><p>617,933</p></td><td><p>1,423,621</p></td></tr><tr><td><p>St
Vincent[2]</p></td><td><p>-</p></td><td><p>USD</p></td><td><p>0.00</p></td><td><p>1,757,452</p></td><td><p>3,512,904</p></td><td><p>0</p></td><td><p>5,269,356</p></td><td><p>6,940,000</p></td></tr><tr><td><p>Dominica</p></td><td><p>-</p></td><td><p>USD</p></td><td><p>0.00</p></td><td><p>1,710,364</p></td><td><p>1,669,676</p></td><td><p>1,629,418</p></td><td><p>5,009,459</p></td><td><p>5,460,000</p></td></tr><tr><td><p>Bahrain[3]</p></td><td><p>-</p></td><td><p>GBP</p></td><td><p>0.00</p></td><td><p>1,993,505</p></td><td><p>1,993,505</p></td><td><p>1,993,505</p></td><td><p>5,980,517</p></td><td><p>33,730,000</p></td></tr></tbody></table><p><strong>
</strong></p><p> </p><p>[1] Total UK exposure as of 31<sup>st</sup> August 2020. The
link for this information can be found here: <a href="https://www.gov.uk/government/statistics/report-on-outstanding-debt-owed-by-other-countries-to-her-majestys-government/ukef-and-dfid-sovereign-exposure-by-recipient-country-outstanding-and-arrears"
target="_blank">https://www.gov.uk/government/statistics/report-on-outstanding-debt-owed-by-other-countries-to-her-majestys-government/ukef-and-dfid-sovereign-exposure-by-recipient-country-outstanding-and-arrears</a></p><p>[2]
St Vincent does not have monies owed in the financial year commencing 1<sup>st</sup>
April 2023 as their last repayment is due on 31<sup>st</sup> December 2022.</p><p>[3]
The repayment totals for Bahrain are provisional as their facility is yet to be fully
drawn down.</p>
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