HC Deb 18 December 1952 vol 509 c250W
110. Lord Malcolm Douglas-Hamilton

asked the Chancellor of the Exchequer whether, in view of the social and economic needs of the Highlands of Scotland and the opportunities which even limited development could bring to this area and to Britain as a whole, he will reconsider the use of International Bank facilities for such development.

Mr. Maudling

No.

111. Lord Malcolm Douglas-Hamilton

asked the Chancellor of the Exchequer to what extent the Highlands of Scotland are to be included as eligible for the new Commonwealth and Empire development fund.

Mr. Maudling

My hon. Friend will now have seen the communiqué issued at the close of the Commonwealth Economic Conference. The undertaking given by Her Majesty's Government to the Commonwealth Economic Conference refers to the financing of development projects in the overseas Commonwealth which are designed to improve the sterling area's balance of payments. My hon. Friend may rest assured, however, that Her Majesty's Government are fully aware of the need to facilitate the financing of similar projects within the United Kingdom.