HC Deb 30 April 1947 vol 436 c245W
98. Mr. Younger

asked the Chancellor of the Exchequer whether the International Bank for Reconstruction and Development is now ready to begin operations; whether any applications have so far been made to it for loans; and what has been the response to such applications.

Mr. Glenvil Hall

Yes, Sir; at least eight applications have been lodged and are being studied. So far as I know no firm commitments have yet been undertaken.