HC Deb 26 July 1966 vol 732 c1429
31. Mr. Hooley

asked the Minister of Overseas Development whether he will increase the United Kingdom contribution to the United Nations Development Programme of 1966 from £4,200,000 to £5,150,000 and pledge £5,800,000 for 1967.

The Minister of Overseas Development (Mr. Anthony Greenwood)

I am sure that my hon. Friend will appreciate that in present circumstances I am unable to contemplate any increase in the United Kingdom contribution.

Mr. Hooley

Is my right hon. Friend aware that the effect of an increased contribution on our balance of payments would be more favourable than otherwise, since large amounts of this money would be spent in dollars within the sterling area?

Mr. Greenwood

I appreciate what my hon. Friend says, but we must keep a sense of proportion about this. Our last increase was in 1965 and was 171 per cent. and we are the third largest contributor to the funds of the United Nations Development Programme.

Sir C. Taylor

Will the right hon. Gentleman consider doing this out of borrowed money?

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