HC Deb 21 October 1991 vol 196 c315W
Mr. Rowlands

To ask the Chancellor of the Exchequer what is his Department's latest estimate of Soviet gold reserves; and what figures were given by Soviet officials at the recent G7 talks.

Mr. Norman Lamont

Mr. Yavlinsky, deputy chairman of the committee for the operational management of the national economy, stated publicly on 16 October that Soviet gold reserves would stand at 240 tonnes on 1 January next year. Her Majesty's Treasury has no independent estimate of Soviet gold reserves.