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Coll 54/2 'Middle East (Official) Committee: Working Party' [313r] (625/642)
The record is made up of 1 file (320 folios). It was created in 11 Apr 1949-13 Apr 1950. It was written in English. The original is part of the British Library: India Office The department of the British Government to which the Government of India reported between 1858 and 1947. The successor to the Court of Directors. Records and Private Papers Documents collected in a private capacity. .
Transcription
This transcription is created automatically. It may contain errors.
-15-
satisfled. that ^oasonahla progress towards rofoprii
has been made, wo propose to authorise the Iraq
Government to raise a railway loan oi* ,03 million
on the London market to finance the projects
described at (b) above• From a short-term point
of view, therefore, there is reasonable hope that
the financial position will soon be stabilised#
From a lo nr-term point of view, in 5 - 10 years’
time Iraq should have all the funds she needs for
development — and more - from oil royalty receipts
(see 3( li 0 above)# In the. interim period, however,
it will be essential for the Government to obtain a
substantial foreign loan to enable the railway,
road and irrigation development programmes to be
set on foot* The Iraq Government have now applied
for a loan of ml9*5 millions from the International
Bank of which 03*3 millions is for road development;
.Sll.2 millions for irrigation development and £5
millions for the railways# (An unspecified
proportion of this sum covers internal expenditure,
however, which the Bank is net qualified to finance).
a loan on this scale is considered to be out of the
question for the present but it is understood that
the Bank might bo prepared to consider making a loan
of about 10 million dollars within the next few months
for external expenditure on specified projects#
Tha Banx proposed to send a technical mission to Iraq
this month to study the matter#
5« T ar gets f 1 r f up t he r do ye 1 opme n t ;
It will be seen from the above that during
the past three years, plans for development and
progress have been drawn up in many fields. The
next stop - and a far more difficult one - is to
implement /
About this item
- Content
The file contains papers relating to the Working Party of the Middle East (Official) Committee. It mainly consists of Working Party papers received by the Commonwealth Relations Office, and a register of these papers with notes at the back of the file.
The file includes agendas for meetings of the Working Party. It also includes papers circulated to members of the Working Party for consideration at meetings, relating to the following subjects: economic and social development in the Middle East in general; the Iraq Central Development Board; the question of an International Bank Loan for Iraq; a visit to Bahrain in January/February 1949 by Matthew Thomas Audsley; the Persian [Iranian] Seven-Year Plan; employment of British experts in the Middle East; a survey of the oil resources of the Middle East; and economic factors in Middle East development.
In addition, the file includes papers relating to economic and social development of the following places: Iraq; Greater Transjordan Used in three contexts: the geographical region to the east of the River Jordan (literally ‘across the River Jordan’); a British protectorate (1921-46); an independent political entity (1946-49) now known as Jordan ; Saudi Arabia; Cyrenaica, Tripolitania [Libya], Eritrea, and Somalia; the Colony of Aden and the Aden Protectorate; the Lebannon; Ethiopia; Sudan; and Yemen.
- Extent and format
- 1 file (320 folios)
- Arrangement
The papers are arranged in reverse chronological order from the front to the rear of the file.
Numbers in red pen on the top right hand corner of items in the file refer to entries in the register of papers received by the Commonwealth Relations Office at the back of the file.
- Physical characteristics
Foliation: the foliation sequence (used for referencing) commences at the front cover with 1, and terminates at the last folio with 320; these numbers are written in pencil, are circled, and are located in the top right corner of the recto The front of a sheet of paper or leaf, often abbreviated to 'r'. side of each folio.
A previous foliation sequence, which is also circled, has been superseded and therefore crossed out.
- Written in
- English in Latin script View the complete information for this record
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Coll 54/2 'Middle East (Official) Committee: Working Party' [313r] (625/642), British Library: India Office Records and Private Papers, IOR/L/PS/12/4758, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100043583876.0x00001b> [accessed 7 May 2024]
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Copyright: How to use this content
- Reference
- IOR/L/PS/12/4758
- Title
- Coll 54/2 'Middle East (Official) Committee: Working Party'
- Pages
- front, front-i, 2r:289v, 291r:320v, back-i, back
- Author
- East India Company, the Board of Control, the India Office, or other British Government Department
- Usage terms
- Open Government Licence