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Wednesday, 3 October 1984
Page: 1551

Mr LIONEL BOWEN (Minister for Trade)(12.01 a.m.) —I thank the honourable member for Warringah (Mr MacKellar) for his support. I wish to place on record that since the second reading speech was made in the House the Treasurer (Mr Keating) and the Minister for Finance (Mr Dawkins) have had a discussion as a result of which there will be a further contribution, a voluntary one, over and above the amount already agreed to. The amount is still to be decided, but it will be in addition to the amount that has already been agreed to.

Mr MacKellar —Do you know how much?

Mr LIONEL BOWEN —No, it has not been determined. It is a voluntary contribution by Australia. The President of the World Bank, in his concluding remarks at the end of the joint session, said this:

We are deeply grateful to the Government of Australia for its generous response to the overwhelming problems faced by the poorest countries, especially in the sub-Sahara and Africa. Australia's announced intention to make a voluntary and unilateral special contribution to IDA over and above the amounts already pledged to the seventh IDA replenishment is a very heartwarming gesture. It would be most gratifying if other donor nations would now consider emulating this action.

Mr MacKellar —When are you going to announce that?

Mr LIONEL BOWEN —I will have to see the Treasurer about that. I thought I should put it on the record for the information of honourable members.

Question resolved in the affirmative.

Bill read a second time.