§ 76. Mr. Skinnerasked the Chancellor of the Exchequer what discussions he has had with representatives of countries rescheduling debts concerning the international implications of such rescheduling; and if he will make a statement.
§ Mr. Bruce-GardyneThe terms of official debt rescheduling agreements are normally discussed in the362W Paris club by officials representing creditor countries concerned. Commercial debt rescheduling negotiations are conducted by the banks. But the implications of debt rescheduling do, of course, feature in the frequent discussions about the operation of the international financial system that my right and hon. learned Friend has with his colleagues abroad.