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Economic Aid (Disbursements)

Volume 722: debated on Tuesday 21 December 1965

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asked the Minister of Overseas Development what are the amounts of grants and loans, including all technical assistance, which have been made by Her Majesty's Government or by the Commonwealth Development Corporation or other agencies since 1945 to Colonies, Comomnwealth countries and foreign countries, respectively, showing the dates, purpose and terms of any such grant or loan together with the date and amount of repayments made; and what further grants or loans have been agreed or are under negotiation.

I give below figures for the total amounts of aid for which the hon. Member has asked. It would not be possible to supply the complete analysis of all the financial transactions which make up these totals, with comments in each case on their purposes, without a disproportionate expenditure on time and effort. Nor would it be possible to disclose information on matters currently under negotiation.

DISBURSEMENTS OF BRITISH GOVERNMENT ECONOMIC AID*
1945–46 TO 1964–65
£ million
DEPENDENT COMMONWEALTH†
Financial Aid
Grants508·1
Loans244·8
Technical Assistance74·5
INDEPENDENT COMMONWEALTH
Financial Aid
Grants75·0
Loans290·7
Technical Assistance52·2
OTHER COUNTRIES
Financial Aid
Grants152·9
Loans123·1
Technical Assistance9·7
CONTRIBUTIONS TO MULTILATERAL
AGENCIES222·8
* Includes Exchequer Advances to the CDC but not total investment by the Corporation.
† Includes aid given before Independence to territories now independent.