§ 22. Mr. Ronald Bellasked the Secretary of State for Foreign and Commonwealth Affairs if he will set out in the OFFICIAL REPORT the amount of grants and loans under the overseas aid programme, respectively, out of public funds in the last 12 months, the rates of interest payable, and the repayment terms.
§ Mr. WoodFollowing is the information. The period covers the 12 months of the financial year 1972–73.
499W
OVERSEAS AID FINANCIAL COMMITMENTS—FINANCIAL YEAR 1972–73 A. LOANS £'s million Years Number of Loans Value Maturity Period Grace Period Interest Free Interest Bearing Total Interest Free Interest Bearing Total 1% 2% 3% 5% 6% Loans under 25 years 5 1½ — 1 1 — 9.763 — — — — 9.763 9 2 — 1 1 — — — — — 0.136 0.136 20 — 1 — 1 0.700 — — — — — 0.700 Sub-Total 1 2 3 0.700 9.763 — — — 0.136 10.599 Loans of 25 years 25 3 — 1 1 — — — — — 2.200 2.200 25 4 — 4 4 — — — 5.600 0.300 — 5.900 25 4½ 3 — 3 0.439 — — — — — 0.439 25 7 17 2 19 79.850 — 5.500 — — — 85.350 Sub-Total 20 7 27 80.289 — 5.500 5.600 0.300 2.200 93.889 Total Loans 21 9 30 80.989 9.763 5.500 5.600 0.300 2.336 104.488 500W
B. GRANTS Bilateral, Financial Assistance … … … … … 75.224 Bilateral, Technical Assistance … … … … … 69.703* Multilateral … … … … … 42.088* align="right">187.015 * Provisional A further £15 million was provided to the Commonwealth Development Corporation for Overseas investment.