§ Mr. Tinnasked the Minister of Overseas Development if he will make a statement about Her Majesty's Government's aid for the road development programme in Sierra Leone.
§ Mr. PrenticeA loan of up to £1.8 million has been offered subject to the approval of Parliament, to the Sierra Leone Government towards the cost of constructing a new road between Taiama and Bo in the Southern Province. The actual amount to be loaned will depend upon the value and the sterling content of the contract awarded.
The loan will be for 25 years on interest-free terms with no repayments for the first two years, graduated repayments for the next five years and equal repayments thereafter.