ps/dr/10mp11.11

POLICY IN CONFIDENCE

CHEF SECRETARY

TO

THE TREASURY

earlier

letter

4. My

touched on the presentational aspects of Facility. I funding the replenishment of the Global Environment hope you agree

that it will be essential to maximise the credit due to the UK in the event of international agreement replenishment. I understand that your officials will also be in contact with mine to this end.

to

the

5. I am

this letter

Prime copying Chancellor of the Exchequer, and Michael Heseltine

on

Minister,

the

Yours ever

Michall.

MICHAEL PORTILLO

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