Balance of Payments

HC Deb 24 May 1989 vol 153 c529W

Mr. Cohen

To ask the Chancellor of the Exchequer what was the balance of payments for the first quarter of 1989.

Mr. Major

The provisional estimate of the current account balance for the first quarter of 1989 was a deficit of £4.5 billion. This is likely to be revised when the full balance of payments accounts are published on 15 June.