HC Deb 01 March 1966 vol 725 c269W
Mr. Ridley

asked the Secretary of State for Defence what estimate he has made of the foreign exchange cost of defence in 1970.

Mr. Healey

Considerably less than now. I estimate that in 1970 the total of defence foreign exchange expenditure on both equipment and stationing costs will be only 4½ per cent. of our total imports as against 6 per cent. of our total imports today.