1-1 of 1 results for subject:"Currency speculation"
Librarians' tools
- Search time
- 0.173 seconds
- Solr query time
- 0.006 seconds
- Search query
- subject:"Currency speculation"
- We searched for
- subject_t:"Currency speculation" OR subject_ses:90803
Session
X
2004-05
Type
House
Session
Year
Department
Member
Primary member
Answering member
Legislative stage
Legislation
Subject
Publisher
To ask Mr Chancellor of the Exchequer, what the Government's policy is on an international currency speculation tax.
To ask Mr Chancellor of the Exchequer, what the Government's policy is on an international currency speculation tax.
Asked by
David Drew
(Labour; Co-operative Party)
Answered by
Baroness Primarolo
(Labour)
Answering body
Treasury
Type
Written questions
Status
Answered
Tabled on
22 March 2005
For answer on
4 April 2005
Answered on
4 April 2005
Mr. Drew: To ask the Chancellor of the Exchequer what the Government's policy is on an international currency speculation tax.
[224033]
Dawn Primarolo: Currency transaction taxation is a long-established idea that has recently re-emerged in international discussions
on how to raise development financing. The Government are prepared to consider all proposals for raising international finance for
development, but there would be significant technical problems with a tax of this sort and it is not being actively considered at
the present time. We believe the International Finance Facility remains the most developed proposal for providing additional
resources in the region of the required $50 billion estimated for meeting the Millennium Development Goals.
Subjects
Currency speculation; Taxation; Tobin tax
Date
4 April 2005
Reference
432 c1169W; 224033
House
House of Commons