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Thursday, 1 May 1980
Page: 2024


Senator CARRICK -Senator Messner asked me a question on the United States contribution to the Asian Development Fund. The Government is aware of deep delays and difficulties, relating to the passage of United States foreign aid legislation, which are affecting appropriations to several international financial institutions including the second replenishment of the Asian Development Fund. It is understood that the United States administration's request for $US440m for the ADF has been reduced to $US180m by the United States House of Representatives. However, the issue still has not been finally resolved. There will be informal discussions during the Asian Development Bank Board of Governors meeting to be held in Manila from 30 April to 2 May which may lead to the convening of a special donors' meeting in the very near future to consider what action contributors to the fund might take. The Australian Government is hopeful that the issue will be soon satisfactorily resolved.







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