HC Deb 31 July 1951 vol 491 c161W
64. Mr. Gammans

asked the Chancellor of the Exchequer to what extent he expects to be in a position to pay the first instalment of the repayment of the American Loan without introducing a supplementary Budget.

Mr. Gaitskell

I assume that the hon. Member is referring to the December payment of interest as well as amortisation. I am not yet in a position to say whether circumstances will justify a request for the waiver of the interest, but, in the meantime, as I stated in my Budget speech, provision has been made for the payment in this year's Budget.

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