§ 28. Dr. McDonald
asked the Chancellor of the Exchequer if he is now ready to announce the Government's medium-term money supply targets.
§ 30. Mr. Bruce-Gardyne
asked the Chancellor of the Exchequer when he 795W expects to publish medium-term objectives for the money supply and for the public sector borrowing requirement.
§ Sir Geoffrey Howe
Our first priority is to change the direction of the economy and to bring money supply growth under control. We are also committed to a progressive reduction of the rate of growth of the money supply and, as a means to that end, we are determined to reduce the PSBR as a percentage of GDP.