§ Mr. Patrick McNair-Wilsonasked the Chancellor of the Exchequer (1) if he will publish details of the proportion of borrowing by the nationalised industries which has been derived from overseas sources for the years 1976, 1977, 1978 and 1979;
(2) if he will give details of the proportion of public sector borrowing which has been derived from overseas sources for the years 1976, 1977, 1978 and 1979.
§ Mr. BiffenThe figures are:
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PERCENTAGE OF BORROWING REQUIREMENT ACCOUNTED FOR BY OVERSEAS FINANCING Public corporations* Public sector 1976 52 28 1977 60 -102 1978 -4 17 1979 6 † *Figures for nationalized industries alone are not available. † Less than 1 per cent. The figures exclude borrowing in foreign currency from banks in the United Kingdom. These are shown in Financial Statistics tables 2.5 and 2.6, which also shows the details underlying the above calculations.