§ Mr. Mitchisonasked the Chancellor of the Exchequer what revaluation payments have been made to other countries and international organisations, to the latest convenient date, following the devaluation of the pound.
§ Mr. GaitskellRevaluation payments to the end of March have been as follows:
£ million Belgium and Belgian Congo … 5.1 British Honduras … 0.1 Brazil … 9.9 France … 0.3 Paraguay … 0.2 Persia … 10.9 Peru … 1.1 Portugal … 27.4 Switzerland … 1.2 Uruguay … 4.9 61.1 These payments have all been made from the Exchange Equalisation Account. In addition, the following payments have been made out of the Consolidated Fund:
£ million International Monetary Fund 148.0 International Bank for Reconstruction and Development 25.4 173.4 A special payment of £600,000 to Brazil has also been made from moneys voted by the House in March.