§ Mr. Brocklebank-Fowlerasked the Lord Privy Seal what is the cumulative balance of outstanding promissory notes to the International Development Association in respect of past replenishments; and when he expects disbursements to be made and the likely cost in each of the next three years.
§ Mr. Neil MartenThe amounts outstanding on 15 July were:
Fourth Replenishment notes £42,846,824.60 Fifth Replenishment notes £417,709,576.54 The rate of drawings in each of the next three years will depend on the actual rate of IDA expenditure on a large number of individual projects and programmes as they are implemented. It is not the practice to publish estimates of spending year by year on individual elements of the aid programme because these are based on intentions and assumptions which may not be realised.