§ 70. Mr. Speedasked the Chancellor of the Exchequer what classes of information about the United Kingdom's economy he makes available to the International Monetary Fund that is not available to Members of Parliament.
§ Mr. DiamondIn common with other member countries of the I.M.F., the United Kingdom is obliged to furnish the Fund with the information specified in Article VIII.5 of the I.M.F. Articles of Agreement, and holds annual discussions with the Fund about all aspects of the economy which bear on the balance of payments position. Additionally, during 1968, we have undertaken in accordance with my predecessor's letter of intent to consult with the Fund in 263W February, July and November. The value of these discussions depends largely on the fact that they are confidential.