How big was the IMF loan Britain received in the 1970's?
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Accepted answer
According to the autobiography of Lord Denis Healey, who was Chancellor of the Exchequer from 1974 to 1979, Britain only drew half of the IMF loan. Furthermore, he states that drawn amount were repaid in full by 4 May 1979, when the Labour government including himself left office.
Moreover, I drew only half of the loan offered in return by the IMF, and had repaid it all - or the equivalent - by the time I left office.
Source: Healey, Denis. The Time of my Life. London: Penguin, 1990. p. 432.
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Source: stackoverflow.com
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