HC Deb 28 March 1956 vol 550 c215W
85. Mr. R. Harris

asked the Chancellor of the Exchequer whether the International Finance Corporation has yet begun to operate; whether Great Britain has yet contributed the $14 million promised; and what action he will take to ensure that British borrowers get their fair share of loans, and that a reasonable proportion will be used for development within the British Commonwealth.

Sir E. Boyle

The International Finance Corporation has not yet begun operations, and subscriptions will not become payable until it does. British interests will be looked after by the United Kingdom Director on the Executive Board of the Corporation.