§ Mr. Sillarsasked the Chancellor of the Exchequer what contingency economic and employment plans the Government have should Western economies fail to reach the reflationary target set by the Downing Street Summit.
§ Mr. Robert SheldonThe strong economies committed themselves at the Downing Street Summit meeting to targets for economic growth. To the extent that they fall short of these targets, there is less room for the other economies to expand their activity. The Government are joining with other nations in urging the strategy agreed by the IMF Interim Committee in September whereby the strongest economies should expand domestic demand and other economies should join in to the extent they can without prejudicing their financial stability.