VOL. XXXI

NO. 51

26-SEPTEMBER-1988

Financial and Banking News

INTERNATIONAL BANKING

LDC Debt Relief Gains further Support

Following UNCTAD's recent call for a 30% write-off of developing countrydebts (MEES, 12 September), a meeting of Commonwealth Finance Ministers held inCyprus last week has supported the principle of debt relief as part of a packagesolution to the debt crisis. The Commonwealth meeting was called to prepare ajoint position ahead of the IMF/world Bank annual meetings this week in...