§ Mr. DalyellTo ask the Prime Minister if she will list the responsibilities of(a) Her Majesty's Treasury and (b) the Foreign and Commonwealth Office for matters relating to the World Bank and the International Monetary Fund.
§ The Prime MinisterThe Treasury is responsible for matters relating to the IMF and the Foreign and Commonwealth Office—mainly through the Overseas Development Administration—for matters relating to the World Bank. The Treasury focuses on the world economy, the international monetary system and debt, whereas the Overseas Development Administration focuses on developmental concerns. Instructions to our executive director in Washington for use at both institutions are co-ordinated as necessary between the two Departments and with the Bank of England and other Departments.