§ Sir R. Robinson
asked the Secretary of State for the Colonies whether he will state the financial assistance which is to be provided to Malta in 1957–58.
§ Mr. Lennox-Boyd
Subject to the approval of Parliament, agreement has been reached with the Maltese Government on the basis of the recommendations of the Economic Commission for 115W both the recurrent and capital budgets. Under this agreement financial assistance to the Maltese Budget for 1957–58 will be up to a total of £6,077,000, as follows:
- (a) Ordinary Budget deficit, £899,000.
- (b) Capital Budget, including war damage works and Colonial Development and Welfare grants, £4,638,000.
- (c) War Damage Compensation, £540,000.