TNAG-2484-FCO40-3615-UK-Hong-Kong-Scholarship-Scheme-donation-to-the-UK-Governme-1992 — Page 3

Prop.alloc

Mr Greenstock

Mr Logan

Mr Beamish

Mr Hum

Mr Masefield

Mr Goodenough

Mr Gore-Booth

From:

Ann Lewis

Cultural Relations Department

18 December 1992

Date:

CC:

Mr Alston

RMD

Finance Dept

FCOSAS: PROPOSED ALLOCATION OF FUNDS FOR 1993/94

I attach a table (Annex I) showing CRD's proposals

for the allocation of FCOSAS funds for 1993/94 based on the

most likely final outcome of the PES round.

2.

The major factors affecting the overall funds

available are

a decline of £0.5 m flowing from the 1991 PES

a further decline of £l m from this year's PES

1

a transfer of 'an additional £2 m from the ODA (for 3

years at least) into the FCOSAS.

Allocations are complicated by the fact that the ODA funds

can only be used for aid-recipient countries and for

scholarships which not only meet standard FCOSAS criteria

but also developmental (including good government)

purposes.