§ 30. Mr. Pavittasked the Secretary of State for Foreign and Commonwealth Affairs if he will now undertake firm financial commitments for a period of at least three years ahead for the use of the Commonwealth Development Corporation.
§ Mr. WoodI shall shortly be discussing this question with the Corporation and giving an indication of rising allocations for the next three years.
§ Mr. PavittWill the right hon. Gentleman in those talks come to a firm commitment for at least three years ahead because of the difficulty of long-term planning? Unless the Commonwealth Development Corporation can be assured of fulfilling the commitments which it is to undertake, these may remain unfulfilled in later years.
§ Mr. WoodI realise the importance of this matter, and I will try to give the Corporation as accurate an idea as possible of what the commitment will be.