HC Deb 07 July 1983 vol 45 cc172-3W
38. Mr. Stuart Holland

asked the Chancellor of the Exchequer if he will seek through the International Monetary Fund, with other Finance Ministers, to safeguard against the impact on international money markets of default by major Third world countries.

Mr. Lawson

With other Finance Ministers, I shall of course support the IMF's efforts to help countries facing balance of payments difficulties adjust to their external problems, including the servicing of their debts. The fund plays a key role in securing the stability of the international capital markets.