HC Deb 27 March 1969 vol 780 cc337-8W
44. Mr. Ridley

asked the Secretary of State for Economic Affairs to what extent, in the policy for the balance of payments set out in "The Task Ahead", account was taken of the effects on overseas investments of British capital.

Mr. Alan Williams

Account was taken of the expectation of a continuing increase in net earnings on private overseas investments in arriving at the estimate given in Table 3.1 of "The Task Ahead" for the contribution to the balance of payments of "other invisible transactions (net)" of £900 million.