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Economic Policy

Volume 129: debated on Thursday 10 March 1988

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To ask the Chancellor of the Exchequer what criteria he uses in deciding the relative priority to be accorded (a) cutting income tax rates, (b) increasing expenditure on overseas aid up to the level of the United Kingdom commitment to 0·7 per cent. of gross national product.

The latest plans show increased provision for the overseas aid programme, which is now projected to grow by 3 per cent. in real terms between 1986–87 and 1990–91.