Under-developed Countries (Aid)

HC Deb 10 December 1957 vol 579 cc114-6W

Mr. Moss

asked the Chancellor of the Exchequer if he will break down the figure of £75 million, representing the total annual economic aid by the United Kingdom to under-developed countries, in such a way as to show by what organisations and methods this aid is given and for what broad purposes, what proportion is given in grants and what proportion in loans.

Mr. P. Thorneycroft

The following table gives details of economic aid by the U.K. Government for the three financial years 1954–55–1956–57. The classification of countries as under-developed is necessarily imprecise, and the table include asistance given towards the budget of certain Colonial Territories to meet, for example, administrative costs and the special military expenditures arising out of emergencies.

UNITED KINGDOM GOVERNMENT ECONOMIC AID TO UNDERDEVELOPED COUNTRIES
£ million
—	1954–5	1955–6	1956–7
I. COLONIAL TERRITORIES
(a) Loans:
Colonial Services Vote	17.4	3.4	1.1
Colonial Development and Welfare	0.3	0.3	0.3
Colonial Development Corporation	4.4	8.1	6.2
Total	22.1	11.8	7.6
(b) Grants:
Colonial Services Vote	19.0	17.2	17.1
Colonial Development and Welfare	15.8	15.7	16.9
Overseas Food Corporation	0.1
Total	34.9	32.9	34.0
II. OTHER COMMONWEALTH
(a) Loans:
Through release of sterling subscription to I.B.R.D.	3.4	3.7	4.3
E.C.G.D. Section 3 Credits	2.5	1.7	1.3
Total Loans	5.9	5.4	5.6
(b) Grants:
Colombo Plan (to Commonwealth Countries)	0.5	0.5	0.6
Overseas Settlement	0.2	0.2	0.2
Commonwealth Services (e.g., subscriptions to Economic and Research Services)	0.5	0.6	0.7
Colonial Development and Welfare (Federation of Rhodesia and Nyasaland)		0.8	1.6
Total Grants	1.2	2.1	3.1
III. OTHER COUNTRIES
(a) Loans:
Jordan	1.6	1.7	1.2
Through release of sterling subscription to I.B.R.D.:
Ethiopia	0.1	0.1	0.1
Uruguay	0.1
Yugoslavia	0.8	0.1
Iceland	0.1
Other			0.1
E.C.G.D. Section 3 Credit to Persia		0.3	3.6
Argentine credit		19.0
Total Loans	2.7	21.2	5.0
(b) Grants:
Jordan	0.2	0.2
Libya	3.9	3.9	4.1
Yugoslavia	1.2	2.6	1.3
Reconstruction in Korea	3.1	0.5
Relief of Palestine refugees	1.2	2.6	1.9
Other overseas relief	0.1		0.2
Colombo Plan (non-Commonwealth)	0.1	0.2	0.2
U.N. Technical Assistance	0.8	0.8	0.6
U.N. Specialised Agencies	1.3	1.3	1.3
Total Grants	11.9	12.1	9.6
TOTAL LOANS	30.7	38.4	18.2
TOTAL GRANTS	48.0	47.1	46.7
TOTAL	78.7	85.5	64.9