Mr. Alan W. Williams
To ask the Chancellor of the Exchequer what was the total of the United Kingdom's net assets overseas—assets less liabilities—at the end of each calendar year from 1987 to 1991; and what is the latest estimate.
§ Mr. Portillo
The estimated levels of identified overseas assets and liabilities from the end of 1987 to the end of 1990 are shown in table 8.1 of the Pink Book, "1991 UK Balance of Payments", published by the Central Statistical Office. Further estimates for the levels of identified net overseas assets at the end of 1990 and 1991, based on information available at March 1992, are shown in paragraph 3.47 of the Financial Statement and Budget Report 1992–93, the Red Book. Copies of these publications are in the Library.