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Atlantic Community (Economic Growth)

Volume 651: debated on Thursday 14 December 1961

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91.

asked the Chancellor of the Exchequer, in view of his acceptance of the United States Government's plan, put before the Organisation for Economic Co-operation and Development, for an increase of 50 per cent. in the economic growth of the Atlantic Community by 1970, what are his plans for the achievement of this target to the extent that the United Kingdom is involved.

The target is a collective one for all the member countries taken together. The Government's policies are designed to achieve economic growth on a sound basis, in particular in relation to our balance of payments.