HC Deb 25 November 1954 vol 533 cc174-5W
Sir R. Acland

asked the Chancellor of the Exchequer whether he will publish a table giving particulars of the £169 million committed for the financial year 1954–55 for under-developed countries and for international organisations working in under-developed countries, so as to show, for each item of £1 million or over,

STERLING MADE AVAILABLE TO UNDER-DEVELOPED COUNTRIES*, 1953–54 and 1954–55 (0.0 signifies less than 0.05; — signifies none)
£ million
1953–54 1954–55 (Estimate)
Colonial Development and Welfare 18.0 18.0
Overseas Food Corporation 1.1 0.3
Colonial Development Corporation 5.5 6.0
Colombo Plan (Technical Co-operation Scheme) 0.4 0.8
London Market Loans (to Colonial Governments and to Governments of Ceylon and the Federation of Rhodesia and Nyasaland) 31.3 37.0
I.B.R.D. sterling releases (to India and Pakistan) 10.0 3.8
Sterling Balances (to India, Pakistan and Ceylon) 42.0 42.0
Special E.C.G.D. credit (Pakistan) 10
Foreign Office Grants and Services Vote (including U.N. Agencies):
Jordan (Grant in Aid) 8.4 8.5
Jordan (Loan) 0.9 1.6
Libya (Grant in Aid) 3.9 3.7
Security Force in Persian Gulf 0.3 0.3
Yugoslavia (Economic Assistance—Grant in Aid) 1.8 2.5
Relief of Palestine refugees (Grant in Aid to U.N. Relief and Works Agency for Palestine Refugees in the Near East) 1.8 2.0
Reconstruction in Korea (grant in aid to U.N. Reconstruction Agency) 4.8 3.0
United Nations Children's Fund (UNICEF) 0.1 0.2
U.K. Contribution to U.N. Technical Assistance 0.6 0.5
Colonial Services Vote 24.1 39.2
Assistance to the Maldives 0.0
165.0 169.4
* These figures do not include

(a) U.K. subscriptions to the United Nations and its specialised agencies, which totalled £2.7 million in calendar year 1954;

(b) The £5 million which the International Bank raised in July 1954 on the London market, some or all of which may become available for under-developed countries;

(c) Capital transfers between private persons and institutions.