§ 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.]