§ 2. Mr. Brooksasked the Minister of Overseas Development whether he has completed his study of the recommendations included in the Algiers Charter; and if he will state which of these are acceptable with or without reservations, to Her Majesty's Government.
§ Mr. PrenticePrior to the Second UNCTAD my Ministry had carefully examined those parts of the Charter of Algiers which dealt with aid issues. Our general policy towards these issues was summarised in the statement made by my right hon. Friend, the President of the Board of Trade, in the opening debate of the Conference on 6th February.
In his statement to the House on Monday, the President indicated the extent
1967–68 Before Devaluation Increase Revised Allocation £ £ £ Budgetary Aid British Solomon Islands Protectorate … … 624,000 31,000 655,000 New Hebrides … … … … … 382,000 11,000 393,000 Development Aid Existing allocations of development aid were not being fully spent, and it was therefore not necessary, because of devaluation, to make additional allocations of development aid in 1967–68.
1968–69 Before Devaluation Increase Revised Allocation British Solomon Islands Protectorate £ £ £ Budgetary Aid … … … … … 954,000 158,000 1,112,000 Development Aid … … … … … 1,096,000 120,000 1,216,000 Totals … … … … … 2,050,000 278,000 2,328,000 New Hebrides (i) Combined budgetary and development aid … 824,000 116,000 940,000 Gilbert and Ellice Islands Development Aid … … … … … 300,000 30,000 330,000 (i) The breakdown of the total, as between budgetary and development aid, had not been determined at the time of devaluation. (ii) All figures to the nearest £1,000.