§ Mr. Henigasked the Minister of Overseas Development what new financial aid for Pakistan is being made available towards their Third Five-Year Plan.
§ Mr. GreenwoodIn addition to the interest free loan of £4 million announced by my predecessor in her written reply of 18th November last, further interest-free loans totalling £4 million have now been offered to the Pakistan Government for projects to be agreed between the two Governments. These loans will be repayable over 25 years, with a grace period of 7 years before repayments of capital begin.
A Supplementary Estimate will be presented to Parliament in due course and in the meantime, if necessary, advances will be sought from the Civil Contingencies Fund.