HC Deb 12 November 1990 vol 180 c52W
Mr. Moate

To ask the Secretary of State for Foreign and Commonwealth Affairs if he will make a statement detailing the extent of financial aid to be given to each country of eastern Europe to support their policy of economic growth through privatisation and the creation of enterprise economies.

Mrs. Chalker

Expenditure on the know-how funds for Poland, Hungary and Czechoslovakia in 1990–91 will be £15 million. As announced on 8 November, provision for know-how fund activities overall in 1991–92 will be £30 million. For the specific purposes of privatisation and small business creation we have so far committed £2.1 million for Poland, £0.6 million for Hungary and £0.5 million for Czechoslovakia, but this is only part of the total assistance committed for the banking, finance, accountancy and management training sectors which all serve to underpin the policy of economic growth through privatisation and the creation of enterprise economies.

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