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Costa Rica

Volume 21: debated on Monday 29 March 1982

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45.

asked the Lord Privy Seal on what projects the United Kingdom is currently assisting in Costa Rica.

The United Kingdom is currently assisting with the following projects: the Central American School for Animal Husbandry at Atenas; the National Apprentice Institute at San Jose; and the Centre for Research into Food Technology at San Jose. Expenditure for the current financial year is expected to be about £450, 000.

Is the Minister aware that Costa Rica's economy has been savagely hit by the fall in coffee prices and the rise in world oil prices and that it now has a balance of payments crisis on its hands? Will he consider helping Costa Rica to develop energy resources, particularly hydro-electric power, in order to reduce its dependence on imported oil?

Costa Rica's financial problems are largely a matter for it to negotiate with the International Monetary Fund. I shall bear the hon. Gentleman's second point in mind.