SECRET
268
Redacted Under FOI Exemption
Sec 27(1)(a)(c)(d)
0*n132
MDHIAN
014
CONTINUE TO BE TO CONTROL PUBLIC EXPENDITURE SO THAT, OVER A PERIOD OF YEARS, THE GROWTH RATE IN GDP AND THE GROWTH RATE IN PUBLIC EXPENDITURE WILL REMAIN CLOSE TOGETHER. BUT I OBVIOUSLY CANNOT GIVE ANY SPECIFIC ASSURANCE ON TAXATION.
15. MARCH.
THE APPROACH ABOVE IS IN LINE WITH DISCUSSION IN EXCO ON 19
16.
11
SEE MIFT FOR COMMENT ON THE SUM TO BE EARMARKED (PARAGRAPHS 13 ABOVE).
WILSON
YYYY
MAIN
7
NO DISTRIBUTION
HD/HKD
HD/FED
PS
NNNN
DISTRIBUTION
7
PS/LORD CAITHNESS
PS/PUS
SIR J COLES
MR BURNS
PAGE
SECRET
4
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