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International Bank

Volume 436: debated on Wednesday 30 April 1947

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asked the Chancellor of the Exchequer whether the International Bank for Reconstruction and Development is now ready to begin operations; whether any applications have so far been made to it for loans; and what has been the response to such applications.

Yes, Sir; at least eight applications have been lodged and are being studied. So far as I know no firm commitments have yet been undertaken.