§ 34. Mr. Emeryasked the Chancellor of the Exchequer what was the total of short-term borrowing for each year from 1964 to 1970; how much of this, for each year, has been repaid; and what is the total now outstanding.
§ Mr. Maurice MacmillanTable 13 of the June issue of Economic Trends gives details of short- and medium-term official borrowing undertaken since 1964 to meet the financing problem. The long-term Government debt, and medium-term loans since 1964—the U.S. Export-Import Bank military aircraft credits, and two German loans to offset troop costs—are excluded.
§ Mr. EmeryCan my hon. Friend tell us what is at present outstanding on the short-term borrowing, and how much of that which has been borrowed since 1964 has been repaid?
§ Mr. MacmillanI think that my hon. Friend's justifiable curiosity will be satisfied after my right hon. Friend's speech.