§ 65. Mr. Wingfield Digbyasked the Minister of Defence how the total of defence expenditure proposed for 1960–61 compares in real terms with that for 1952–53.
§ Mr. WatkinsonAt 1952 prices, 1960–61 Defence Estimates of £1,617.83 million would be about £1,380 million. Actual net expenditure on defence in 1952–53 was £1,392 million.
§ Mr. Wingfield Digbyasked the Minister of Defence what percentage of the gross national product is now, in 1959–60, absorbed by defence; and how this compares with 1952–53.
§ Mr. WatkinsonThe percentage of gross national product expected to be122W absorbed by expenditure on defence in 1959–60 is 7.2 per cent.
In 1952–53, the comparable figure was 9.95 per cent.