Colombo Plan for Cooperative Economic Development in South and Southeast Asia

Extract

The eleventh annual report of the Consultative Committee of the Colombo Plan was prepared at the Committee's meeting in Melbourne in November 1962. The report noted that, on the basis of available statistics, the rate of progress in the Colombo Plan area during 1961–1962 was uneven, with increases in gross national product of up to 8 percent. On a per capita basis, changes in gross national product ranged from increases of up to 6 percent to falls of 2 percent. One of the most encouraging developments of the year had been the growth of technical cooperation, not only between countries inside the Plan region and those outside it, but also between member countries within the region.