§ Mr. Martenasked the Chancellor of the Exchequer if he will state the total amount for each of the years 1969 to 1975 which will be required to pay off the United Kingdom's overseas debts.
§ Sir C. Osborneasked the Chancellor of the Exchequer if he will give, in column form, the separate debts Great Britain must repay by 1978, showing the separate amounts, in what currencies they are and to which countries they are owned, respectively; what arrangements he is making to meet these debts; and how much balance of payments surplus in excess of £300 million a year he estimates will be required to meet these debts.
§ Mr. Roy JenkinsNot in detail; but I would reaffirm my statement (in my Budget Speech) that we shall require an overseas surplus of £500 million a year for some considerable time ahead; and for several years this will mainly have to be applied to debt repayment.