HC Deb 22 May 1989 vol 153 c388W
Mr. Wray

To ask the Secretary of State for Foreign and Commonwealth Affairs if he will make it his policy to respond positively to calls for Her Majesty's Government to increase financial support for the Commonwealth Development Corporation.

Mr. Chris Patten

The Government regard the Commonwealth Development Corporation's operations as an important part of Britain's overall development effort overseas, particularly in relation to the private sector. I propose to increase the level of aid loan support for the CDC by £21 million from £49 million in 1988–89 to £70 million this financial year; £20 million of this will be additional to the existing agreed aid provision.

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