§ 96. Mr. Andrew MitchellTo ask the Chancellor of the Exchequer if he will make a statement on his recent meeting in Washington with the International Monetary Fund.
§ 131. Mr. Tony BanksTo ask the Chancellor of the Exchequer what was the outcome of the recent annual meeting of the International Monetary Fund and the World Bank; and if he will make a statement.
§ Mr. RyderFinance Ministers of the major industrialised countries reaffirmed their support for economic policy co-operation, leading to low inflation and exchange rate stability. Strong support was given for plans to establish open, market-based economies, particularly in eastern Europe.
Ministers endorsed the strengthened debt strategy, developed by the fund and bank since the spring interim and development committee meetings, and welcomed the first cases of debt reduction which have been agreed.
No agreement was reached on the IMF's quota review: a decision is envisaged by the end of 1989.
Copies of the meeting communiques have been placed in the Library.
§ 154. Mr. AshleyTo ask the Chancellor of the Exchequer what was the outcome of the recent annual meeting of the International Monetary Fund and the World Bank; and if he will make a statement.
§ Mr. LawsonI refer the right hon. Member to the answer my hon. Friend the Economic Secretary gave earlier today to my hon. Friend the Member for Gedling (Mr. Mitchell).