§ Mr. Allaun
asked the Secretary of State for the Colonies what proportion of the proposed £10 million development programme of the Barbados Government will be subsidised by the United Kingdom Government; and what proportion by private investment.
§ Mr. Lennox-Boyd
£724,000 has been made available under the Colonial Development and Welfare Act to the Barbados Government to finance projects in its 1955–1960 development programme. It is hoped that about £4-5 million will be invested by the public in loans raised in Barbados and London. The balance of about £5 million will be found by the Barbados Government.