HC Deb 24 February 1978 vol 944 c828W
Sir Bernard Braine

asked the Secretary of State for Foreign and Commonwealth Affairs what is the estimated value of the Gilbert Islands revenue equalisation fund on 1st April 1978.

Mr. Luard

The Gilbert Islands Revenue Equalisation Reserve Fund was valued on 31st December 1977 at Australian $56,062,199. The next valuation will be made on 30th June 1978.

Sir Bernard Braine

asked the Secretary of State for Foreign and Commonwealth Affairs what development aid has been given to the Gilbert and Ellice Islands Colonies, to the Gilbert Islands and Tuvalu since their separation, in each year since 1945.

Mr. Luard

The figures for development and disbursements from 1945 to 1949 are not readily available. Figures, in some cases estimates, from 1950 to 1977 are as follows:

Gilbert and Ellice Islands Amountthousand)
1950–51 39
1952–53 42
1954–55 156
1956–57 109
1958–59 187
1960 48
1961 77
1962 35
1963 80
1964 86
1965 89
1966 101
1967 303
1968 268
1969 173
1970 297
1971 376
1972 903
1973 1,448
1974 1,315
1975 1,493
Gilbert Islands
1976 669
1977 1,338
Tuvalu
1976 1,020
1977 803