§ 68. Mr. Bruce-Gardyneasked the Chancellor of the Exchequer what progress has now been made with the preparation of a contingency plan for reform of the world monetary system; whether he expects such a plan to be ready for approval by Ministers at the annual meeting of the International Monetary Fund in Rio de Janeiro; and if he will make a statement.
§ Mr. CallaghanGood progress has been made on many of the elements of a contingency plan although a number of points remain to be resolved. I still hope that it may prove possible to have a generally acceptable outline plan before the annual meeting of the International Monetary Fund.