§ Mr. WorthingtonTo ask the Secretary of State for Foreign and Commonwealth Affairs what was the value of the British overseas aid programme in deutschmarks on 15 September; and what is its current value in deutschmarks
§ Mr. Douglas HoggThe planned aid programme to developing countries for 1992–93 is £1,831 million. At the exchange rate of Dm 2.78/£ on 15 September this was equivalent to Dm 5,090 million, and at an exchange rate of Dm 2.50/£, Dm 4,578 million. Fluctuation in the Deutschmark/sterling exchange rate does not itself materially affect the real value of the aid programme.