§ Mr. Eggarasked the Chancellor of the Exchequer what has been the level of new borrowing by Her Majesty's Government from the International Monetary Fund in each year since 1974; and how much of each year's borrowing has yet to be repaid.
§ Mr. LawsonThe information is as follows:
SDR million 1974 — 1975 — 1976 *1,000 †700 ‡700 1977 **1,640 1978 — 1979 — 1980 — 1981 — * (oil facility) † (reserve tranche) ‡ (first credit tranche) ** (standby) With the exception of SDR 437.5 million outstanding under the oil facility, which is scheduled to be repaid in seven quarterly instalments of SDR 62.5 million until January 1983, all the 1976 and 1977 borrowing was finally repaid last year.
§ Mr. McNamaraasked the Chancellor of the Exchequer whether he will publish in the Official Report the voting strength of those countries, members of the International Monetary Fund and World Bank, stating what is the current working and absolute majority needed in each institution, indicating the changes that have been made in the last year.
§ Mr. LawsonI shall let the hon. Member have a reply as soon as possible.