0277u

COVERING CONFIDENTIAL

(Based on information as at 13.12.88)

INTERDEPARTMENTAL DEBT REPORT:

DECEMBER 1988

Page

Paras

MAIN REPORT

i

ii

1-15

vi

16-24

Main points

International Financial Scene

Assessment

ix

25-59

Latin America and Caribbean

xvii

60-64

South and East Asia

xix

65-73

Eastern and Southern Europe

xxii

74-79

xxiv

80-85

Sub-Saharan Africa

Middle East and North Africa

Tables

1 Recent Sovereign Borrowing by LDCs

2 Overdue Financial Obligations to the IMF

3

Indebtedness and British Exposure

4 UK Paris Club Bilaterals Current Position

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