| Description | Embargo on new issues. Restrictions on foreign lending. Committee established: Terms of reference. Small issues. Forward exchange. Savings available for investment. List of cases decided before appointment of FTAC. Policy towards Canada, Egypt, etc. Relaxation of restrictions on long-term foreign borrowing of over 10 years. Issues in London to repay US dollar loans. Functions, terms of reference (and amendments) of FTAC. Powers delegated by the Committee. |