PERSONAL & CONFIDENTIAL
watch Soviet deeds (as against words) in their treatment of their debtors.
19.
I should have liked to say something about arrears to the Fund and Bank, and about the changing economic prospects of some countries in Asia and the Middle East that have hitherto not featured high on our problem list. I hope to do so when I next write. Meanwhile, as always, please note the personal marking of this letter. Debt reduction, in particular, is a sensitive subject in Whitehall1.
Tom. I
TL Richardson
Economic Relations Department
SSIAKR
PERSONAL & CONFIDENTIAL