§ Mr. Pardoe
asked the Chancellor of the Exchequer what is the value of current deposits under the Import Deposits Scheme; and if he will take steps to ensure that this sum is used to provide cheap credit for British exports.
§ Mr. Taverne
Import Deposits totalled £255 million on 28th February, 1969. The answer to the second part is "No".67W
§ Mr. Brooks
asked the Chancellor or the Exchequer when he expects to be in a position to assess the effect of the import deposits scheme upon Great Britain's balance of payments.
§ Mr. Harold Lever
I cannot put a figure on the precise effect of the import deposit scheme, but I expect it to have a marginal, but significant influence in accelerating the underlying improvement in our balance of payments.