Part of Oral Answers to Questions — Overseas Development – in the House of Commons at 12:00 am on 4 February 1991.
I believe I am right in saying that Jean-Michel Camdessus, the president of the IMF, has set up a committee to consider the report's conclusions and recommendations. Our assessment is that it is a very valuable report.
In answer to my hon. Friend's second question, I recommend that he looks at the World bank's special programme for Africa proposals for the second phase. These show how, when due allowance is made for the statistics, the countries that follow a strong economic reform programme perform rather better than those which do not bother to do so. It is a lesson for all concerned that sound economic recovery programmes do bring success, even though slowly.