§ 55. Mr. Marten
asked the Lord Privy Seal to what extent the financial deficit of the United Nations is temporarily financed by borrowing from the United Nations International Children's Emergency Fund; and how much has been so borrowed.
§ Mr. P. Thomas
I understand from the United Nations Secretariat that there has been no borrowing directly from the United Nations Children's Fund, to help the cash deficit. During 1961, however, a governmental voluntary contribution to U.N.I.C.E.F. of 10 million dollars was made available in advance to the Secretary-General on the basis that it could, pending U.N.I.C.E.F.'s need for it, be utilised for other United Nations purposes. This money is expected to be paid over to the Children's Fund before the end of this year.