HC Deb 02 November 1965 vol 718 c158W
Mr. Braine

asked the Minister of Overseas Development if she will make a statement on the grant of an interest-free loan to Ethiopia.

Mr. Oram

It has been agreed that the £2 million loan to Ethiopia which was announced in principle in April, 1964, is to be on interest-free terms. The Emperor of Ethiopia has expressed his appreciation and thanks. The loan will be tied to British goods and services and will be used on development projects to be agreed between the two Governments.