International Monetary Fund

HC Deb 11 May 1976 vol 911 c126W

42. Mr. Watkinson

asked the Chancellor of the Exchequer if he plans to visit the International Monetary Fund.

Mr. Robert Sheldon

My right hon. Friend plans to attend the next annual meeting of the IFM Board of Governors to be held in October. The routine annual Article VIII discussions at official level will be held later this month.

Mr. Lee

asked the Chancellor of the Exchequer if he will publish a list of conditions, both express and implied, affecting British economic and trading policy upon which the provision of the latest IMF loan to the United Kingdom is dependent.

Mr. Robert Sheldon

The United Kingdom standby, which we recently drew, was agreed on the basis of the letters my right hon. Friend wrote to the Managing Director of the IMF on 18th December 1975. He placed a copy of the letters in the Library following a question from my hon. Friend, the Member for Bradford, South (Mr. Torney) on 13th January.