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28.
Sir J. Langford-Holt
asked the Secretary of State for Trade what is the balance of payment figure for the year 1977 to date, excluding British-produced oil figures and assuming a level of oil imports equivalent to 1976 levels, compared with the deficit of £1,472 million for the five months May to September 1977.
Mr. Meacher
In the first 10 months of 1977 the visible deficit, adjusted in the way requested for trade in crude oil, is estimated at £3,140 million.