§ 69. Mr. Philip Noel-Baker
asked the Chancellor of the Exchequer what proportion of any current balance of payments deficit in each year since 1964 has been attributable to overseas defence expenditure.
§ Mr. Roy Jenkins
Figures of overseas defence expenditure are published in the Pink Book on the United Kingdom Balance of Payments. They do not give a complete picture of the impact of overseas defence expenditure on the current balance, since, apart from wider considerations, part of this expenditure may give rise to receipts elsewhere in the current account.