HC Deb 07 December 1966 vol 737 cc319-20W
Mr. Cant

asked the Chancellor of the Exchequer whether he will make a statement on the agreement reached by the Group of Ten and the International Monetary Fund regarding their agreement in principle in connection with the creation of new reserve assets.

Mr. Callaghan

The recent meeting in Washington between the International Monetary Fund Executive Directors and the Group of Ten Deputies was the first of a series. An account of the meeting was subsequently given by the Managing Director of the I.M.F. and I agree with him that the progress made was encouraging.