Mr. Edward M. Taylorasked the Secretary of State for Foreign Affairs what was the United Kingdom contribution to the temporary international loan made to the United Arab Republic in February; and what was the total amount of the loan.
§ Mr. Goronwy RobertsWe understood from the United Arab Republic Government that their outstanding obligations to the International Monetary Fund amounted to some $49 million. The Bank of England contributed $20 million towards the facility, which was repaid in full following fresh drawings from the International Monetary Fund by the United Arab Republic.