HC Deb 09 December 1982 vol 33 c616W
38. Mr. Hooley

asked the Chancellor of the Exchequer what increase has been agreed on national subscriptions to the International Monetary Fund; and if he will make a statement.

Mr. Bruce-Gardyne

At the interim committee in Toronto there was widespread agreement that the increase in quotas under the eighth quota review should be large enough to enable the fund to perform its functions in an effective manner in the 1980s. The committee urged the executive board to pursue its work as a matter of high priority so that the issue of the size and distribution of the quota increase could be resolved by the time of the next interim committee meeting.