§ 68. Mr. Shinwellasked the Minister of Overseas Development what was the total of financial aid in the form of grants and loans provided by the United Kingdom Governments to overseas countries between 1945 and 1963; and what sums are owing to the United Kingdom.
§ Mr. PrenticeBilateral economic aid to developing countries totalled £1,216.7 million made up of grants £778.3 million and loans £438.4 million. £100.8 million of the grants were technical assistance. Of the £438.4 million loans, £339 million capital repayments were outstanding at 31st December, 1968. In addition £202 million was contributed to multilateral agencies concerned with development and £102.2 million was advanced on loans to the Commonwealth Development Corporation, of which £75 million was outstanding on 31st December, 1968.