§ Viscount Davidson
asked Her Majesty's Government:
What follow-up there has been to the Monopolies and Mergers Commission report on the efficiency and costs of and the service provided by the Commonwealth Development Corporation (CDC).
§ The Minister of State, Foreign and Commonwealth Office (Baroness Chalker of Wallasey)
The Government's first response to the report on the Commonwealth Development Corporation (CDC) by the MMC was reported to the House on 25 March 1993 (Hansard, cols.WA22–23). I have today placed in the Library of the House a further and final response by the Government and the CDC. This reports on progress in implementation of MMC recommendations and updates earlier responses to these taking account of the outcome of the quinquennial review of CDC as reported to Parliament on 3 May 1994 and the corporation's own reviews of strategy and management, and the passage of the CDC Act 1995.