HC Deb 17 December 1971 vol 828 c209W
Mr. Nigel Fisher

asked the secretary of State for Foreign and Commonwealth Affairs if he will make a statement about financial aid to Mauritius.

Mr. Wood

As a result of recent discussions which I have had with a delegation from the Government of Mauritius, led by Mr. Ringadoo, the Minister of Finance, the British Government has offered the Government of Mauritius a further loan of £5 million. The purpose of this loan will be to provide capital aid in support of the Mauritius Development Plan over the next four years. It will be available for projects to be agreed between the Mauritius and British Governments. The loan, which is additional to a loan of £5 million already offered and accepted for the Mauritius Development Plan, will be free of interest and repayable over 25 years. The Government of Mauritius have accepted this offer.