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Grants And Loans

Volume 645: debated on Tuesday 25 July 1961

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asked the Secretary of State for the Colonies what financial assistance has been given by way of grants or loans to the Governments of Kenya, Uganda and Tanganyika, respectively, during the periods 1950 to 1955 and 1955 to 1960; and what further financial aid is planned.

The grants and loans made available to these territories by Her Majesty's Government in the United Kingdom financial years 1950–51 to 1960–61, inclusive, are shown in the following table.As regards the current United Kingdom financial year, the position is as follows:

  • (a) In the case of Kenya, we have undertaken, subject where necessary to the approval of Parliament, to make available grants of up to about £13 million (of which £6 million as grant in aid of administration) and loans of £5½ million. I am currently considering an application for further assistance in connection with land settlement schemes.
  • (b) In the case of Tanganyika, provision is made in United Kingdom Votes, on the basis of existing arrangements, for grants of about £5 million. An Exchequer loan of £2 million was issued in June. Following the recent financial talks we have put certain proposals for assistance to the Tanganyika Government which they are now considering.
  • (c) In the case of Uganda, provision is made in United Kingdom Votes for grants of about £3¾ million. An Ex- chequer loan of £2½ million has already been approved, of which £1¾ million was issued in June; and the balance will be issued as required. I am now considering an application for an Exchequer loan for general
  • GRANTS AND LOANS FROM H.M.G. TO KENYA, UGANDA AND TANGANYIKA
    (£ million)
    U.K. Financial Year1950–511951–521952–531953–54
    GrantLoanGrantLoanGrantLoanGrantLoan
    Kenya0·7670·3500·6720·3100·6260·2700·3970·240
    Uganda0·4000·0750·4610·3250·0190·4470·200
    Tanganyika1·3570·4000·7670·4501·1620·3610·5770·145
    Totals2·5240·8251·9000·7602·1130·6501·4210·585

    (£ million)
    U.K. Financial Year1954–551955–561956–571957–58
    GrantLoanGrantLoanGrantLoanGrantLoan
    Kenya8·8083·28512·0414·7555·9001·0803·0342·250
    Uganda0·4371·0410·0540·5090·0110·004
    Tanganyika0·8030·0680·9540·3001·2400·0751·0030·345
    Totals10·0484·39413·0495·5647·1511·1554·0412·595

    (£ million)
    U.K. Financial Year1958–591959–601960–61
    GrantLoanGrantLoanGrantLoan
    Kenya2·0881·2251·6542·4551·1838·434
    Uganda0·0690·3000·6123·0001·1353·000
    Tanganyika1·3700·3751·4240·5501·8632·000
    Totals3·5271·9003·6905·9954·18113·434

    Note: The above table includes grants and loans made through the Colonial Services and Colonial Development and Welfare Votes; investments by the Colonial Development Corporation from funds provided by Her Majesty's Government; and with effect from the year 1959–60. Exchequer loans made under Section 2 of the Colonial Development and Welfare Act, 1959.

    development in the current Uganda financial year.

    The foregoing figures for 1961–62 make no allowance for Exchequer advances to the Colonial Development Corporation for investment in the area.