Mr. R. A. Bntler
There has been continuing consultation with the Nyasaland Government regarding their recurrent budget and development requirements. 129W As a result, Nyasaland's Colonial Development and Welfare Allocation was increased in 1961 by £500,000 to finance certain major development projects. Her Majesty's Government have now agreed to provide grant-aid assistance of up to £1.5 million towards the 1962–63 recurrent budget, and to make available up to 31st March, 1964, a further £1 million by way of Colonial Development and Welfare Grants and up to £1.9 million by way of Exchequer Loans towards the 1962–65 Development Plan.
In the case of Southern Rhodesia, I have already announced that Her Majesty's Government have offered a loan of £355,000 to assist in maintaining the development of African education. A request has since been received for further assistance towards the cost of Southern Rhodesia's development programme during the financial year 1962–63. This is being considered urgently, but I am not in a position to make a statement today.