Orders of the Day — International Monetary Arrangements Bill

Part of the debate – in the House of Commons at 3:35 pm on 11th July 1983.

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Photo of Mr John Moore Mr John Moore , Croydon Central 3:35 pm, 11th July 1983

As the right hon. Gentleman knows from experience, more than I do, I shall not comment specifically on that. However, within the Bill and the money order arrangements relating to it, not only is there an increase of 47·5 per cent. in the quotas, but there is a sizeable increase in the resources to the GAB, which effectively will double the overall resources of the fund. To that extent the problems that he mentioned will be more easily solved. I shall return specifically to the point about giving a commitment.