§ 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.