HL Deb 03 July 1984 vol 454 cc271-2WA
Lord Oram

asked Her Majesty's Government:

What contributions have been pledged by the United States and the United Kingdom respectively towards the $9 billion Seventh Replenishment of the International Development Association as agreed by the World Bank's Executive Board on 24th May; what would have been their respective contributions if the United States had agreed to the $12 billion replenishment as at one time proposed; whether Her Majesty's Government has yet made an offer to contribute to a $3 billion supplementary facility; and if so, what is the amount of that offer.

The Minister of State, Foreign and Commonwealth Office (Baroness Young)

The United States and the United Kingdom have pledged, respectively, US$2,250 million and $603 million (£401.5 million) towards the $9 billion Seventh Replenishment. Had a replenishment of $12 billion been agreed, those contributions would have been $3,000 million and $804 million respectively.

Her Majesty's Government have stated their willingness to contribute to supplementary financing of up to $3 billion. The size of the United Kingdom's contribution would depend on the size of the supplementary funding and other arrangements to be negotiated, but on the basis of an extra $3 billion and the burden-sharing agreed for the $9 billion replenishment, the United Kingdom maximum share would be around $200 million.