[PDF]November 2, 1983 Dear Madam Prime Minister: I...
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HE
EX
EC 01
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I TIVL TEL
ILL..^.11
ST
01
\-11,
L.:13.LELIA
2, 1983
November
Dear Madam
time,
for the first
your
been
over
generous,
to note the years
the economic,
of friendship
I do
between
of Liberia.
and the Republic
It is heartening
Excellency
in our country.
conditions
of the long history
country
your
affecting
on matters
and political
so because
to write
opportunity
this
I take
social
Minister:
Prime
that
your
has
government
assistance
in providing
to our government. proceeded
As we have our country,
in our task
experienced
we have
to two major
due principally
of reconstructing
severe
economic
setbacks
factors:
The general decline in price and demand export commodities, for our principal and recession, caused by the worldwide The debt burden we inherited which amounted to nearly a billion dollars at the time we came to power. of the
much
Therefore, endeavoured
to obtain,
leadership,
have
on loans which
gone
date
since toward
scarce
the encumbency the payment
as far as 1943.
Margaret Thatcher Her Excellency of Great Britain Prime Minister 10 Downing Street KINGDOM. London, UNITED
resources
we have of our
of interest
E OFFK
F FUI
ThE H EA I) OF STA1E
MW,ROVIA.
LIBERIA
2
A careful loans
survey
obtained
1943-1980. to donor
indicate
countries
these
loans
have
them
each
payment
also
some of the loans begin
seek
cancel
At the same
some time,
up in private
of Liberians
to
and how
funds
obtaining situation
of having and we will
to donor
countries
long-standing convinced
acquired
commitments.
that
for national
accounts,
with
no benefits. affecting
a large develop-
the majority
This
our
to
has been
country
an
in the
few years. I am bringing
this
the hope
you will
standing
that
of the great
and to ask you your
team
obtained
completed
to grants
we feel
ment
with
loans
the possibility
of these
of the
last
'financial
a technical
has been
appeal
percentage
unfortunate
our indebtedness
dollars.
of the
converted
a systematic
ended
between
utilized.
We shall
also
of Liberia
establishing
examine
whether
of the
that
one billion
We are currently
determine
of most
and international
exceed
to carefully
made
by the government
Records
institutions
has been
government
situation
problems
to use your examine
develop
good
to your
attention
an indepth
our nation offices
our commitment
under-
is facing
in having to it.
/ / /3
MU.
LC 1-'1
V L
LAN!-
ION
3 We hope government through
will
after
help
such
relieve
any of the above
cancellation
Excellency
because
ship between enterprise
thought
us of some
to present
of our
system
I am taking of a document
your
of the burden
conditions,whether
of loans
to grants.
this
issue
firm belief
our two countries
to your
in the friend-
and in the free
of government
persistently
outstanding
an examination
mentioned
or conversion
We have
have
that
which
our
two nations
pursued. the liberty
giving loans
you
to forward
an idea
for the period
you
of some
a copy
of our
covering
the
Minister,
the
last
20 years. Please assurances
accept,
Madam
of my highest
Prime esteem
and very
personal
regards. Cordia
you s,
CIC e . oe HEAD OF T E AND CHA RMAN, PEOPLE'S R DEMPTION OUNCIL