§ 91. Mr. Awberyasked the Secretary of State for the Colonies if his attention has been called to the remarks of Dr. F. C. Benham, Economic Adviser to the Government of Malaya, concerning Malaya's need of external finance under the Colombo Plan; and what steps are being taken to remedy this situation.
§ Mr. J. GriffithsI assume that my hon. Friend refers to Dr. Benham's broadcast on the Colombo Plan on the 17th October, 1950. As Dr. Benham said, the Governments of the Federation of Malaya and Singapore will do all they can to finance their development plans from their own resources. As regards external finance, I would refer to the statement made in the House by my right hon. Friend the Chancellor of the Exchequer on 28th November last.