Britain Overtaking Overseas Deficit
LONDON, September 16. Britain’s deficit on overseas payments is declining, according to a ( for the first half of 1948. compared with a deficit of £630,000,000 for the W Thl on the United Kingdom gold and dollar resources during lhe first half of 1948 is provisionally estimated at £254,000,000, compared wit™ £1,024,000,000 in 1947, and £226 000,000 in 1946. In the current account of distribution by areas there is a deficit of £195,000,000 with the Western Hemisphere for the first half of 1948, compared with a deficit of £670,000,000 .in 1947 and £360,000,000 in 1946.
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Bibliographic details
Grey River Argus, 20 September 1948, Page 5
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98Britain Overtaking Overseas Deficit Grey River Argus, 20 September 1948, Page 5
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