§ 9. Mr. Maurice Macmillanasked the Chancellor of the Exchequer what is the average current account balance on the balance of payments per year for the last four and a half years and for the years 1952 to 1964.
§ Mr. Roy JenkinsAbout minus £90 million and plus £59 million respectively.
§ 10. Mr. Maurice Macmillanasked the Chancellor of the Exchequer what is the current account surplus on the balance of payments required in the second half of 1969 to produce a current balance for the five years 1965 to 1969 equal to that of the previous five years.
§ Mr. Roy JenkinsA deficit of £20 million not a surplus would be sufficient to equal in the past five years the out-turn on the current balance in the five years from 1960. The hon. Member will be glad to know that we hold good hopes of achieving a substantially better result than this.