§ Mr. Ridleyasked the Chancellor of the Exchequer what was the total of the United Kingdom's overseas debts in 1974; and what it is now.
§ Mr. Robert SheldonAt the end of 1974 the total of the United Kingdom public sector's outstanding foreign currency debts was $11.9 billion, of which $5.7 billion represented loans to Her Majesty's Government and $6.2 billion loans to the rest of the public sector. The comparable figure for the end of 1977 was $25.4 billion, of which $12.7 billion represented loans to Her Majesty's Government and $12.7 billion loans to the rest of the public sector. All figures have been converted to dollars, where necessary, at appropriate end-year exchange rates.