§ 40. Mr. Kirkwood
asked the Secretary of State for Foreign and Commonwealth Affairs what initiatives his Department is currently taking to relieve the debt burden of the less developed countries.
§ Mr. Raison
Britain has had a generous policy for the poorest countries of converting past aid loans into grants. Twenty-one countries have benefited at a total cost of nearly £1 billion. All new bilateral aid to these countries is provided on grant terms.