§ Mr. Cantasked the Chancellor of the Exchequer whether he will make a statement on the agreement reached by the Group of Ten and the International Monetary Fund regarding their agreement in principle in connection with the creation of new reserve assets.
§ Mr. CallaghanThe recent meeting in Washington between the International Monetary Fund Executive Directors and the Group of Ten Deputies was the first320W of a series. An account of the meeting was subsequently given by the Managing Director of the I.M.F. and I agree with him that the progress made was encouraging.