§ 67. Mr. Wareing
asked the Secretary of State for Foreign and Commonwealth Affairs if he has any new proposals for the reduction of the debt burden of developing countries.
§ Mr. Chris Patten
We believe that both creditor and debtor countries have a role to play in tackling the debt problem. Creditor countries need to promote sustained growth in the world economy, while maintaining open markets. Individual debtor countries need to adjust their economies, supported by the necessary external finance. With others, we will continue to play an active part in seeking to increase the flow of resources to debtor countries in support of adjustment.