§ Mr. Arnoldasked the Chancellor of the Exchequer whether he will make proposals to the International Monetary Fund with a view to improving the Fund's economic forecasting procedures and models.
§ Mr. Robert SheldonNo. Discussions with the Fund on economic forecasts are not conducted exclusively on the basis of any single economic model. In the case of the United Kingdom, full account is taken of the Government's own forecasts as well as of other relevant sources.