HC Deb 24 February 1982 vol 18 cc395-6W
Mr. Hooley

asked the Chancellor of the Exchequer what is the policy of the British Government towards the strengthening of the role of the special drawing right as the principal world currency, taking into account any obligations arising out of the articles of agreement of the International Monetary Fund, particularly article VIII and article XXIII.

Mr. Bruce-Gardyne

On Her Majesty's Government attitude to the special drawing right, I refer the hon. Gentleman to my right hon. Friend's speech at the last annual meeting of the board of governors of the IMF, copies of which are available in the House of Commons Library.

Mr. Hooley

asked the Chancellor of the Exchequer what statements expressing the views of the British Government about the future of the special drawing right have recently been made in the executive board of the International Monetary Fund by the British executive director.

Mr. Bruce-Gardyne

Discussions of the executive board of the IMF are confidential. It is not the practice of Her Majesty's Government to comment on views expressed in the board.

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