§ Mr. Charles Irvingasked the Chancellor of the Exchequer what will be the policy of Her Majesty's Government at the sixth United Nations conference on trade and development at Belgrade in June 1983 relating to the involvement of beneficiary nations in the management of the International Monetary Fund and the World Bank.
§ Mr. Bruce-GardyneHer Majesty's Government do not consider that the management of the International Monetary Fund and the World Bank is an appropriate subject for discussion at the United Nations conference on trade and development. We support the present arrangements for determining voting power in those institutions under which a member country's voting rights reflect its relative economic strength and financial contributions.