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Tuesday, 16 November 1976

Mr Les Johnson (HUGHES, NEW SOUTH WALES) -Has the Treasurer seen a forecast by the Organisation for Economic Cooperation and Development of renewed international recession in the second half of 1977? Does he feel that in view of these changed international circumstances his Budget strategy, which assumed a gradual international recovery during 1977, is still relevant to Australia's needs? Will he undertake to implement a strategy which is in accordance with facts rather than dubious Treasury assumptions?

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