§ 38. Mr. Oram
asked the Chancellor of the Exchequer if he will state for the latest convenient year the amount of aid provided from public funds for developing countries; what proportion this is of the gross national product; and how this compares with the record of other major industrial countries.
§ Mr. Maudling
In 1962–63 aid to developing countries from British public funds was £148 million. This represented rather more than one half of one per cent. of the Gross National Product. Exact comparisons with other donor countries are not really practic-26W able. These figures omit the substantial flow of funds to developing countries in the form of British private investment.