HC Deb 20 May 1968 vol 765 c38W
Mr. Wyatt

asked the Minister for Overseas Development what is the total amount given in grants in foreign exchange, and not recoverable, during the last 10 years to overseas countries; and what is now the total amount due to the United Kingdom in loans made in foreign exchange to overseas countries.

Mr. Prentice

Grants for aid purposes are made in sterling and totalled £910 million from 1st April, 1957, to 31st December, 1967. Likewise repayments on loans are made in sterling and £681 million was outstanding at 31st December, 1967. As to the effects of the aid programme on our balance of payments, I would refer my hon. Friend to my speech in the debate on the 7th May.— [Vol. 764, c. 280–293.]