Caledonia
p. 12 · Read in the full issue
Marshall Aid For New
rpHE French Minister for Colonies has X informed the New Caledonian ad ministration that the Colony will re ceive a grant of 655,000 dollars (32,750,000 Pacific francs) under the Marshall Plan to aid local production.
This will be additional to the 41,367,600 Pacific francs credit granted for the same purpose by the French Government. The Minister has also promised to make available a new quota of sterling in Sep tember.
Credits made available will, in the opinion of the New Caledonian General Council, be sufficient to cover import needs to the end of the year, and to make it possible to go ahead with an import programme for the first quarter of 1949