HC Deb 01 August 1972 vol 842 cc101-2W
Mr. Parkinson

asked the Secretary of State for Foreign and Commonwealth Affairs if he will give a breakdown of the figure of 1.14 per cent. of gross national product representing Great Britain's total flow of resources in overseas aid last year into categories of private and Government assistance and that which is in the form of non-returnable grants, and that which is in the form of investment, loans, and so forth.

Mr. Wood

The figures for the calendar year 1971 are as follows:

£ millions Percentage of gross national product
NET OFFICIAL FLOWS
BILATERAL
Technical Assistance
(all in grant form) 53.3
Grants 48.8*
Loans 86.9
CDC Investment Loans 13.7
CDC Equity Investment 2.4
MULTILATERAL
Grants 30.2
Loans 0.2
TOTAL NET OFFICIAL FLOWS 235.4 0.42%
NET PRIVATE FLOWS
Export Credits 239.7
Private Investment (163.0)
Voluntary Organisations (14.0)
TOTAL NET PRIVATE FLOWS (416.7) (.074%)
TOTAL NET FINANCIAL FLOWS (652.1) (1.15%)
GNP for International reporting: £56,540 million (—) figures in brackets are provisional and subject to amendment.
* Includes £4.0 million in respect of the forgiveness of loans to pay commuted pensions.
The export credits and private investment are not overseas aid.