Q14. Describe how much loan British government gave to Pakistan.

Ans: In 1961, according to the Indus Water Treaty, Britain bore some of the
expenditure for alternate arrangements for the river water. For the second 5
year plan of Pakistan, Britain gave 45.5 crore rupees. Other than this in
1961, to buy the railway wagons, around 4 crore rupees aid was given. Next
year, two more loans were given from which the first was 9 crore and the
second was of 13 crore rupees. This amount was given for buying a ship and
buses and constructing a power station in Hyderabad, In 1963, for industrial
loans and investment,, another loan of 13 crore rupees was given. In 1966,
an agreement was signed between Pakistan and Britain, according to which,
on extremely soft conditions, Pakistan was given loan of 40 lakh pounds.

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