HC Deb 12 February 1971 vol 811 cc288-9W
Mr. Bruce-Gardyne

asked the Chancellor of the Exchequer what is the policy of Her Majesty's Government towards the size and timing of a second distribution of special drawing rights.

Mr. Higgins

The arrangements agreed at the 1969 I.M.F. Annual Meeting for the three years 1970–72 provide for an allocation of S.D.R. 3,000 million on 1st January, 1972. The question of allocations for subsequent years will fall to be considered in 1972 and I have no statement to make now.