§ 53. Mr. Higginsasked the Chancellor of the Exchequer if he will define the borrowing requirement limited to £1billion in 1968–69 in the Letter of Intent sent to the International Monetary Fund on 23rd November, 1967; and if he will give an assurance that it is the Government's intention to specify the exact amount corresponding to this concept in the revised form of accounts it proposes to produce this year and in the future.
§ Mr. Roy JenkinsThe borrowing requirement is defined for this purpose as the Central Government net balance in the national income accounts classification, as it appears in Table 9 of the Financial Statement 1967–68 and on a 65W quarterly basis in Financial Statistics (Tables 13, 15 and 16). This item will continue to appear in future tables of Central Government transactions in the national accounts classification.