§ Mr. Hooleyasked the Minister of Overseas Development what new financial aid Great Britain offered to Ceylon at the fifth meeting of the World Bank's Ceylon Aid Group on 11th March, 1969.
§ Mr. PrenticeA further loan of £4 million was offered for commodity aid and a loan of £2 million for project aid, the details of both to be agreed between the two Governments in further discussions. These loans will be on the same terms as other British loans to Ceylon since 1965, i.e. interest free and repayable over twenty-five years including a three-year grace period and five years of graduated repayments.
Disbursements during 1969–70 will be charged to the Overseas Aid (Bilateral) Vote in due course.