HC Deb 01 December 1958 vol 596 c98W
Mr. Malcolm MacPherson

asked the Secretary of State for the Colonies the main considerations on which the figure of £3,000,000 was reached as the amount of the external loan needed by Sierra Leone during 1959–60.

Mr. Lennox-Boyd

After taking account of the funds which they could expect to obtain from local and other sources and of the recurrent charges which they would have to bear, £3,000,000 was considered to be the amount of external capital which the Sierra Leone Government would require for development up to 1960.