§ Mr. Woodhouseasked the Chancellor of the Exchequer if he will seek to introduce an annual tax on undeveloped land for which planning permission has already been granted, in order to discourage speculative hoarding.
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GROSS OFFICIAL GNP PER CAPITA BILATERAL ECONOMIC AID MULTILATERAL FLOWS millions US dollars millions US dollars GNP per capita US$ IBRD 1FC IDA UN 1969 1970 1968 1968 1968 1969 Africa—North of Sahara Algeria … … … 260 0.074 CR 6.77 — — 7.39 Libya … … … 1,510 0.012 CR 4.00 — — 1.05 Morocco … … … 190 0.037 9.21 CR 0.60 1.10 3.71 Tunisia … … … 230 0.174 5.03 CR 0.30 3.63 4.94 ARE (Egypt) … … 160 0.808 CR 4.00 — — 9.33 Total … … … 1.107 CR 0.53 CR 0.90 4.73 26.42 Africa—South of Sahara Angola … … … 210 — Botswana … … … less than 100 6.707 — — CR 0.01 1.13 Burundi … … … less than 100 0.002 CR 0.26 — 0.40 1.73 Cameroon … … … 150 0.820 0.03 — 2.23 1.52 Cape Verde Is. … … 120 — Central African Rep. … 130 0.059 — — — 1.29 Ceuta and Melilla … 320 — Chad … … … less than 100 0.082 — — — 0.69 Comoro Is. … … 130 — — — — *0.06 Congo (Brazzaville) … 220 0.007 15.00 — — 1.28 Dahomey … … … less than 100 0.047 — — — 1.22 Ethiopia … … … less than 100 1.106 0.92 3.50 4.15 3.06 Gabon … … … 320 0.033 CR 3.19 — — 1.65 Gambia … … … 110 0.959 — — — 0.21
§ Mr. Patrick JenkinThe Government's policy for securing the release of land for housing was stated in an answer by my hon. Friend the Minister for Local Government and Development on 8th December, 1971. I am not convinced that the results of a tax of the sort suggested in the Question would justify the considerable valuation and administrative problems it would involve.—[Vol. 827, c. 1287–8.]