Redacted Under FOI
Exemption Sec 27(1)(a)(c)(d)
SECRET
32B
0137
MDHIA.. 90%
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.
16.
11
-
THE APPROACH ABOVE IS IN LINE WITH DISCUSSION IN EXCO ON 19
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