§ Sir Bernard Braineasked the Secretary of State for Foreign and Commonwealth Affairs if he will report further on the agreement to replenish the resources of the International Development Association, details of which he gave to the House on 2nd November 1973.
§ Mr. WoodA Command Paper is being published today setting out the report of the Executive Directors to the Board of Governors dated 30th October 1973. It also contains a draft resolution which would give effect to a replenishment of approximately $4,500 million, over three years, to which the British contribution would be about 11 per cent. On the basis of past experience, these resources might be disbursed over about 10 years. The United Kingdom Governor will vote in favour of this resolution.
279WA draft order under the Overseas Aid Act 1968, authorising these further contributions after the resolution has been adopted, will be laid in due course for the approval of the House.