HC Deb 11 November 1949 vol 469 c161W
Mr. Bramall

asked the Chancellor of the Exchequer with which countries agreements are now in force governing the release of sterling balances and the amounts that have been released under each agreement.

Sir S. Cripps

Agreements governing the release of sterling balances are now in force with the following countries:—Brazil, Ceylon, Egypt, India, Iraq, Israel, Pakistan, Sweden, Uruguay. Total sterling releases to these countries during the first nine months of 1949 amounted to £206 million, but it would not be proper for me to publish figures for actual drawings by individual countries.

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