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Latin America

Volume 111: debated on Thursday 26 February 1987

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26.

asked the Chancellor of the Exchequer if he will make a statement on Her Majesty's Government's policy to alleviate the financial burden of debt interest borne by countries in Latin America.

We are continuing to work constructively with other Governments to reduce international interest rates and with international financial institutions on the provision of additional resources to countries in Latin America in support of adjustment. Together these will help to alleviate the interest cost on external indebtness owed by Latin American countries.