South Africa (Hansard, 5 June 1990)

§ Mr. Kirkwood
To ask the Chancellor of the Exchequer what representations he has made to the International Monetary Fund about the need for further debt reduction for front-line states in South Africa; and if he will make a statement.

§ Mr. Ryder
My right hon. Friend has made no such representations.

§ Mr. Kirkwood
To ask the Chancellor of the Exchequer what plans he has to meet representatives of the front-line South African states to discuss debt reduction.

§ Mr. Ryder
My right hon. Friend has no plans to meet representatives of the front-line South African states.

United Kingdom manufacturing investment (including leased assets) £ million 1985 prices

Year Actual investment Difference from 1978–79 average 1979 investment projected at 1974–79 average rate of change (2.1 per cent.) Difference from actual level 1979 investment projected at year on year percentage changes¹ for:

(a) (a)—£10,937 (b) (a)—(b) Japan France USA West Germany OECD²

1979 11,158 +221 11,158 — ³— 11,158 11,158 11,158 ³—

1980 9,920 -1,017 11,392 -1,472 ³— 11,950 11,301 11,939 ³—

1981 7,735 -3,202 11,631 -3,896 ³— 11,102 10,205 11,383 ³—

1982 7,603 -3,334 11,875 -4,272 ³— 10,447 8,368 10,302 ³—

1983 7,541 -3,396 12,125 -4,584 ³— 10,165 9,849 10,446 ³—

1984 8,922 -2,015 12,379 -3,457 ³— 10,297 11,100 10,300 ³—

1985 10,264 -673 12,639 -2,375 ³— 10,966 9,990 11,680 ³—

1986 9,654 -1,283 12,905 -3,251 ³— 11,317 10,070 12,789 ³—

1987 10,142 -795 13,176 -3,034 ³— 12,087 — — ³—

1988 11,334 +397 13,453 -2,119 ³— — — — ³—

1989 12,043 +1,106 13,735 -1,692 ³— — — — ³—

¹ Source: OECD National Accounts Volume 2 1974–87. The percentage changes are based on figures, at 1980 prices, of gross fixed capital formation by owners engaged in manufacturing. The coverage is therefore not exactly comparable to the United Kingdom figures which differ, in particular, by the inclusion of leased assets.
² Figures of gross fixed capital formation in manufacturing are not available for a number of OECD countries. It is not possible to produce average change figures covering the group of countries for which figures are available because all figures are expressed in national currencies.
³ Not available.

United Kingdom manufacturing investment (including leased assets) £ million 1985 prices
Year	Actual investment	Difference from 1978–79 average	1979 investment projected at 1974–79 average rate of change (2.1 per cent.)	Difference from actual level	1979 investment projected at year on year percentage changes¹ for:
	(a)	(a)—£10,937	(b)	(a)—(b)	Japan	France	USA	West Germany	OECD²
1979	11,158	+221	11,158	—	³—	11,158	11,158	11,158	³—
1980	9,920	-1,017	11,392	-1,472	³—	11,950	11,301	11,939	³—
1981	7,735	-3,202	11,631	-3,896	³—	11,102	10,205	11,383	³—
1982	7,603	-3,334	11,875	-4,272	³—	10,447	8,368	10,302	³—
1983	7,541	-3,396	12,125	-4,584	³—	10,165	9,849	10,446	³—
1984	8,922	-2,015	12,379	-3,457	³—	10,297	11,100	10,300	³—
1985	10,264	-673	12,639	-2,375	³—	10,966	9,990	11,680	³—
1986	9,654	-1,283	12,905	-3,251	³—	11,317	10,070	12,789	³—
1987	10,142	-795	13,176	-3,034	³—	12,087	—	—	³—
1988	11,334	+397	13,453	-2,119	³—	—	—	—	³—
1989	12,043	+1,106	13,735	-1,692	³—	—	—	—	³—