HC Deb 24 October 1978 vol 955 c884W
Mr. Lawson

asked the Chancellor of the Exchequer what were the figures for total foreign currency borrowing by the Government and by the public sector as a whole in February 1974 and at the latest available date; and what were the average interest rates on the total borrowings at these two dates.

Mr. Robert Sheldon

Total public sector borrowing abroad amounted to $8.1 billion in February 1974 and $24.2 billion in September 1978. The average interest rates on the total borrowings at these dates could only be computed at disproportionate cost.

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