§
Mr. Knox
asked the Chancellor of the Exchequer if he will publish a table showing full details, so far as is consistent with practice, of the total of official external loans to the United Kingdom, including both drawings from the IMF and borrowings from overseas central banks outstanding on 25th October
217W
1951, 15th October 1964, 18th June 1970 and the latest available date.
TABLE 1 |
OFFICIAL LONG-TERM DEBT (AMOUNT OUTSTANDING AT END OF PERIOD) |
£ million |
|
End-September 1951 |
End-September 1964 |
End-June 1970 |
End-June 1973 |
1. U.S.A.— |
|
|
|
|
Lend-Lease |
… |
… |
… |
… |
… |
216 |
176 |
193 |
149 |
Line of Credit |
… |
… |
… |
… |
1,339 |
1,125 |
1,235 |
956 |
Economic Co-operation Administration |
… |
120 |
108 |
101 |
69 |
Mutual Security Agency |
… |
… |
… |
— |
17 |
17 |
12 |
Export-Import Bank |
… |
… |
… |
— |
— |
209 |
64 |
Other |
… |
… |
… |
… |
… |
7 |
2 |
1 |
1 |
2. Canada— |
|
|
|
|
Line of Credit |
… |
… |
… |
… |
403 |
329 |
361 |
303 |
Other |
… |
… |
… |
… |
… |
78 |
— |
— |
— |
3. Portugal |
… |
… |
… |
… |
… |
81 |
37 |
17 |
2 |
4. German Fedreal Republic |
… |
… |
… |
— |
53 |
70 |
43 |
5. Other |
… |
… |
… |
… |
… |
… |
177 |
22 |
3 |
2 |
Total |
… |
… |
… |
… |
… |
2,421 |
1,868 |
2,207 |
1,602 |
6. Deutsche Bundesbank Loan |
… |
… |
… |
— |
— |
23 |
— |
Grand Total |
… |
… |
… |
2,421 |
1,868 |
2,230 |
1,602 |
TABLE 2 |
OFFICIAL SHORT AND MEDIUM-TERM DEBT (AMOUNT OUTSTANDING AT END OF PERIOD) |
£ million |
|
End-December 1951 |
End-September 1964 |
End-June 1970 |
End-June 1973 |
1. IMF |
… |
… |
… |
… |
… |
… |
95 |
— |
992 |
— |
2. Other |
… |
… |
… |
… |
… |
… |
— |
71 |
469 |
— |
Total |
… |
… |
… |
… |
… |
95 |
71 |
1,461 |
— |
General Note: |
The sterling value of the debt levels in both tables has been calculated on the basis of par values. e.g. at £1=$2.80 at end-September 1951 and end-September 1964; at £1=$2.40 at end-June 1970: and at £1=$2.89524 at end-June 1973. |