§ Mr. Denzil Daviesasked the Chancellor of the Exchequer how the Treasury's representative on the board of the International Monetary Fund voted on the proposal to grant an International Monetary Fund loan to Argentina.
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§ Sir Geoffrey Howe[pursuant to his reply, 1 February 1983, c. 83]: As in the normal practice, the IMF executive board approved the loans to Argentina without a vote.
§ Mr. Denzil Daviesasked the Chancellor of the Exchequer whether, in his capacity as the chairman of the interim committee of the International Monetary Fund, he approved the proposal to grant an International Monetary Fund loan to Argentina.
§ Sir Geoffrey Howe[pursuant to his reply, 1 February 1983, c. 83]: Decisions on IMF loans are taken by the fund's executive board. They are not referred to the interim committee.