HC Deb 20 July 1933 vol 280 c2014W
Captain FULLER

asked the Secretary of State for the Colonies what loans have been made or guaranteed to Palestine by Great Britain since the War; what the interest payments are thereon; and if any of the loan of £E562,000 advanced by the former British military administration to cultivators has yet been repaid?

Sir P. CUNLIFFE-LISTER

Apart from the loan of £4,500,000 issued in 1927, which was guaranteed under the Palestine and East Africa Loans Act, 1926, His Majesty's Government have neither made nor guaranteed any loans to Palestine. The annual interest and sinking fund payments on the £4,500,000 loan with costs of management amount to £277,319. Loans amounting to £576,319 were made to cultivators between the years 1919 and 1923 under an arrangement instituted by the military administration. Of this total, more than £539,000 has been repaid.