EXPORTS CREDITS SCHEME.
(British Official Wireless.) Received April 5, 1- p.m. RUGBY, April 4. A bill is to be introduced by the Government to extend tho operation of the exports credits scheme until March, 1985. Under the existing legislation the' scheme lapses in September of next year. The extension has been decided upon in order •to rembve the uncertainty from tile minds of the exporters. This has been rendered more necessury by the increasing number of exporters who are taking advantage of the facilities provided for insuring against the risk of bad debts abroad. Nearly 1000 new connections have been made during the past year, and since July of 1926 the contracts concluded under the scheme amount to nearly £13.000,000. The new bill will not increase the maximum liability of the Government, which is £26,000,000. \'
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Bibliographic details
Manawatu Standard, Volume L, Issue 110, 5 April 1930, Page 10
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135EXPORTS CREDITS SCHEME. Manawatu Standard, Volume L, Issue 110, 5 April 1930, Page 10
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