HC Deb 19 October 1989 vol 158 c197W
39. Ms. Gordon

To ask the Chancellor of the Exchequer what progress has been made in implementing the debt reduction plan of United States Treasury Secretary, Mr. Nicholas Brady.

Mr. Ryder

The IMF has agreed programmes allowing for officially supported debt reduction with Mexico, Venezuela, Costa Rica and the Philippines; and these countries are currently in discussion with the commercial banks on the terms of possible debt relief.

55. Dr. Gilbert

To ask the Chancellor of the Exchequer what progress has been made in implementing the debt reduction plan of United States Treasury Secretary, Mr. Nicholas Brady.

Mr. Lawson

I refer the right hon. Member to the reply which my hon. Friend the Economic Secretary gave earlier today to the hon. Member for Bow and Poplar (Ms. Gordon)

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