Mr Major’s Written Parliamentary Answer on Balance of Payments – 8 December 1988

Below is the text of Mr Major’s written Parliamentary Answer on Balance of Payments on 8th December 1988.

Mr. Ted Garrett To ask the Chancellor of the Exchequer if he will make a statement on the current balance of payments position.

Mr. Major Recent import figures and other indicators have shown that domestic demand has been growing rather too fast. Appropriate action has been taken.