HC Deb 07 February 1966 vol 724 c30W
Mr. Wall

asked the Minister of Overseas Development if the £7.5 million loan to Tanzania has now been fully agreed; and whether the whole will now be made available to the Tanzanian Government.

Mr. Greenwood

This loan was offered to the Tanzania Government, and accepted by them, in August, 1964. Negotiations to give effect to the loan had reached an advanced stage, but the letters embodying the agreed decisions had not been signed, when diplomatic relations were broken off. In view of this the whole amount is being reserved for Tanzania.