§ Sir Bernard Braineasked the Secretary of State for Foreign and Commonwealth Affairs if he will make a statement on future financial assistance to Ethiopia.
§ Mr. WoodWe have offered the Imperial Ethiopian Government an interest-free loan of £5 million, to be 267W disbursed over four to five years, starting in the financial year 1973–74. The loan will cover mainly the sterling costs, but also to a substantial extent the local costs, of development projects to be agreed between Her Majesty's Government and the Ethiopian Government. The Ethiopian Government have accepted the offer.