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Foreign Countries (Grants And Loans)

Volume 645: debated on Wednesday 26 July 1961

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asked the Lord Privy Seal what grants or loans, and for what amount, have been made to foreign countries during the years 1959, 1960 and 1961 to date; and what grants or loans are projected during the current financial year.

Grants and loans to foreign countries are made from the Foreign Office Grants and Services Vote and, in addition, loans to foreign countries are made under Section III of the Export Guarantees Act (1949) as since amended.Part I of the table below shows expenditure on grants and loans under the Foreign Office Grants and Services Vote in the financial years 1958–59 and 1959–60, and the estimated provisions in the years 1960–61 and 1961–62. The esti-

I. FOREIGN OFFICE GRANTS AND SERVICES VOTE
1958–59 (actual)1959–60 (actual)1960–61 (estimated)1961–62 (estimated)
Jordan (Grant in Aid)1,502,5702,542,5112,500,0002,850,000
Jordan (Loans)630,000500,000500,000500,000
Libya (Grant in Aid)3,250,0003,250,0003,250,0003,250,000
Yugoslavia (Grant in Aid)60,05488,022100,60063,900
Sultanate of Muscat and Oman (Grant in Aid)366,340711,770947,0001,058,750
Turkey (Loan)2,129,492480,000
Turkey: O.E.E.C. Economic Aid (Loan)2,681,250893,750
Assistance to the Trucial States64,32372,715100,000100,000
Somali Republic (Grants in Aid)1,200,0001,450,000
Nepal: Economic Aid160,000230,000
Laos: Economic Aid81,00075,000
Gift of Aircraft to Mali, Payment to Ministry of Aviation80,000
Brazil (Loan)1,200,000
II. LOANS UNDER SECTION III OF THE EXPORT GUARANTEES ACT
1958–59 (actual)1959–60 (actual)1960–61 (estimated)1961–62 (estimated)
Iran1,705,00060,0001st quarter
Sudan2,440,0001,660,000
Yugoslavia1,065,0001,630,00055,000