To put our industry in context, the balance of payments deficit is running at about £13 billion.
Additional strikes caused the balance of payments deficit to increase and the 3.3 billion loan was now due.
We cannot expand without making that balance of payments deficit worse.
It means, in other words, a tighter balance of payments deficit.
This, however, is accompanied by balance of payments deficits.
It is hopeless to expect the balance of payments deficit to go away merely by a radical change in the exchange rate.
The forecast for next year is for a £9.5 billion balance of payments deficit.
The Commission considers that economic integration has been achieved, despite the increase in the balance of payments deficit.
A record balance of payments deficit is not the right background for enforced increases in industrial costs.
He said the $6 billion would cover a projected $5 billion balance of payments deficit next year and provide money for economic development.