§ Sir H. Legge-Bourkeasked the First Secretary of State and Secretary of State for Economic Affairs whether he will adjust the target of 25 per cent. growth between 1964 and 1970 of the National Plan, in view of the failure of the economy to reach the target during 1965.
§ Mr. AlbuIn view of the fact that it was clearly stated in the Plan that the 569W balance of payments situation would involve some slowing down in the rate of expansion in the next year or so, the course of output in 1965 does not represent a failure to reach the target set in the Plan for an increase in output of 25 per cent. between 1964 and 1970.
§ Mr. Alisonasked the First Secretary of State and Secretary of State for Economic Affairs what plans he has to modify the predictions in the National Plan, in view of events since the plan was published; and whether he will list the modifications.
§ Mr. AlbuThe estimates in the National Plan will be reviewed in consultation with industry, during the course of 1966.