HC Deb 18 December 1964 vol 704 c155W
Mr. Dalyell

asked the Chancellor of the Exchequer whether he will state the Government's policy on the United States and Canadian loan payments due at the end of this month.

Mr. Callaghan

Yes. Her Majesty's Government have decided to take advantage of the deferment provision in the financial agreements dated 6th March, 1957, in respect of the 1964 instalments and have advised the two Governments accordingly. The amounts involved are $138.1 million (£49.3 million) and $Canadian 37.7 million (£12.6 million) respectively.