HC Deb 10 February 1959 vol 599 cc182-3W
84. Mr. Creech Jones

asked the Secretary of State for the Colonies whether he has yet reached any conclusions on the review of the Colonial Development Corporation's financial structure which he stated on 28th January, 1958, was then in hand; and what action he now proposes.

Mr. J. Amery

No. But I hope to make a statement shortly.

85. Mr. Creech Jones

asked the Secretary of State for the Colonies to what extent he has consulted the Chancellor of the Exchequer regarding the rate of interest charged on advances to the Colonial Development Corporation; and whether a lower rate, more appropriate to the needs of colonial development, will now be arranged.

Mr. J. Amery

I keep in constant touch with my right hon. Friend the Chancellor of the Exchequer, and the rates of interest charged to the C.D.C. are kept under continuing review.

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