HC Deb 28 June 1965 vol 715 c20W
Mr. Bruce-Gardyne

asked the Chancellor of the Exchequer what was the value of United Kingdom gold and currency reserves, and the total amount of outstanding short-term borrowing from international organisations and foreign banks, respectively, at the end of each of the last 10 calendar months for which the figures are available.

Mr. Callaghan

The information is in the following table. The short-term assistance under the $3 billion credit facilities outstanding at the end of April was repaid in full during May. No short-term assistance was received from international organisations, but the table includes amounts drawn from the International Monetary Fund and receipts from Switzerland under parallel arrangements. These fall due in three to five years.

borrowed £174 million from the Public Works Loan Board. This represents 37 per cent. of estimated advances by the Board this year. The corresponding figures for 1964–65 were £33 million and 10 per cent.