§ Mr. R. Carr
asked the Prime Minister whether he will make a statement regarding the division of responsibility for colonial development and welfare funds between the Ministry of Overseas Development and the Colonial Office.
§ The Prime Minister
The Ministry of Overseas Development is responsible for making allocations of aid under the Colonial Development and Welfare Act and for the approval, with the concurrence of the Treasury, of individual schemes and of Exchequer loans; but in these matters acts with the agreement of the Colonial Office, in view of the Colonial Secretary's responsibility for the dependent territories, including their general financial and economic position. The Ministry of Overseas Development also accounts for expenditure under the Colonial Development and Welfare Act.