Rhodesia (Sanctions Cost)

HC Deb 06 June 1972 vol 838 c69W

Miss Holt

asked the Chancellor of the Exchequer what has been the cost to public funds of the imposition of sanctions on Rhodesia in each of the years 1965 to 1972 inclusive.

Mr. Nott

Direct payments from the Exchequer arising from the illegal declaration of independence by Rhodesia followed by the imposition of sanctions have been as follows:

	£ million
i.d.i. to 31.3.67	19.0
1.4.67 to 31.368	10.5
1.4.68 to 31.3.69	6.9
1.4.69 to 31.3.70	3.5
1.4.70 to 31.3.71	3.0
1.4.71 to 31.3.72	3.1
Total	46.0

These include payments made to the International Bank for Reconstruction and Development under guarantee in respect of Rhodesian default, contingency aid to Zambia and the cost of operating the Beira patrol.