Catalogue description Treasury: Finance (Statistics) Division and Finance (Balance of Payments) Division: Registered Files (2F(BP) Series)
Reference: | T 318 |
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Title: | Treasury: Finance (Statistics) Division and Finance (Balance of Payments) Division: Registered Files (2F(BP) Series) |
Description: |
Files re-registered from the 2 F(S) series into the 2F(BP) series, and files originally created in the 2F(BP) series of the Treasury. In conjunction with the Economic Section, and the National Incomes Forecast Working Party, the Finance (Balance of Payments) Division provided the basis for fiscal and monetary policy of the Government, as well as the framework within which particular decisions affecting overseas expenditure were made. It also contributed towards the formulation of the United Kingdom Policy on international financial affairs through the provision of information and advice about economic conditions abroad, the balance of payments of other countries, and the international monetary scene. A large part of the work of the division was conducted through interdepartmental committees, and in particular the thrice yearly exercises of the Working Party on World Economic Prospects, the Balance of Payments Prospects Committee, and the Statistical Sub-committee of the Balance of Payments Prospects Committee. The division also contributed to the long-term forecasting work of the Working Party on Long Range Economic Assessment. In November 1969 the Finance (Balance of Payments) Division became responsible for the administration of the Exchange Control Act on exchange markets, and short-term flow of funds. At the same time, the Finance (International Monetary) Division took over F(BP) work on the official reserves and short-term official overseas borrowing. In September 1970, the division was split into two divisions, each covering the following: F(BP)1:
F(BP)2:
|
Date: | 1960-1975 |
Arrangement: |
The numerical classification system used for the subject index headings was maintained. Subsequent files raised continued this pattern. Following Treasury re-organisation in October 1975 as a result of a Treasury Management Review, 2F(BP) files ceased to be raised. Any files created after this date were registered under the Overseas Finance General Group prefix OFG 1. The files in the series are being transferred in more than one batch. They are arranged in previous reference order within each transfer. |
Related material: |
For registered files in the Overseas Finance (Exchange Control) Division FEC series see T 295 |
Held by: | The National Archives, Kew |
Former reference in its original department: | 2F(BP) |
Legal status: | Public Record(s) |
Language: | English |
Creator: |
Treasury, Finance (Balance of Payments) Division, 1969- Treasury, Finance (Statistics) Division, 1962-1969 |
Physical description: | 549 file(s) |
Access conditions: | Open |
Immediate source of acquisition: |
From 1998 Treasury |
Accruals: | Series is accruing |
Administrative / biographical background: |
The Finance (Statistics) Division was set up following the Treasury re-organisation of 1962, and it used the prefix 2F (S). Following further re-organisation in 1969, this division was re-named Finance (Balance of Payments) Division. The prefix 2F(S), printed on the covers of files created between 1962 and 1969 of the former Finance (Statistics) Division was over-imposed by the new prefix 2F(BP). In January 1973, the Finance (Balance of Payments) Division became part of the Overseas Finance Management of the Resources Group, along with the Finance (Exchange Control) Division and the Finance (Reserve Management and Sterling Area). Following further re-organisation in October1975, these functions were absorbed into the new Overseas Finance General Group with the prefix OFG 1. |
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