§ Captain Kerbyasked the First Secretary of State what were the annual totals of direct external investment by Her Majesty's Government in the Federation of Rhodesia and Nyasaland from 1954 to 1961, inclusive.
§ Mr. R. A. ButlerGrants or loans made by Her Majesty's Government to the Federal and Territorial Governments of the Federation of Rhodesia and Nyasaland in the financial years from 1st April, 1954, to 31st March, 1961, ware as follows:
£ 1954–55 … … … 937,198 1955–56 … … … 1,474,558 1956–57 … … … 2,858,390 1957–58 … … … 2,636,145 1958–59 … … … 2,273,103 1959–60 … … … 2,039,109 1960–61 … … … 8,305,727 These figures include grants and loans made under the Colonial Development and Welfare Acts (including issues totalling £1,860,000 from a grant of £2,875,000 to the University College of Rhodesia and Nyasaland), Colonial Development Corporation investment (including an issue of £6,300,000 during the year 1960–61 from a loan of £15,000,000 for the Kariba Dam project), and Colonial Services Vote assistance in the case of Nyasaland.