HC Deb 22 March 1973 vol 853 c175W
Sir R. Russell

asked the Secretary of State for Foreign and Commonwealth Affairs if he will give details of the work of the International Development Association to which the United Kingdom will contribute £30,800,000 in 1973–74 according to Class II, Subhead 5, H7, of the Supply Estimates.

Mr. Wood

The International Development Association is affiliated to the World Bank and makes long-term interest-free loans for economic development projects of high priority in its poorest member countries. Since it was set up in 1960, it has committed nearly £2,000 million in loans. Its main resources are the subscriptions and supplementary contribu-of its 19 richest members.

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