Identifier
Created
Classification
Origin
09STATE68481
2009-07-01 20:30:00
UNCLASSIFIED
Secretary of State
Cable title:
SECRETARY CLINTON'S RESPONSE TO DE GUCHT
how-toVZCZCXYZ0020 OO RUEHWEB DE RUEHC #8481 1822052 ZNR UUUUU ZZH O 012030Z JUL 09 FM SECSTATE WASHDC TO RUEHBS/AMEMBASSY BRUSSELS IMMEDIATE 4221 RUEHKI/AMEMBASSY KINSHASA IMMEDIATE 9919 RUEATRS/TREASURY DEPT WASHINGTON DC IMMEDIATE 0526
UNCLAS STATE 068481
SIPDIS
E.O. 12958: N/A
TAGS: ECON EFIN OPDC BE CG
SUBJECT: SECRETARY CLINTON'S RESPONSE TO DE GUCHT
REGARDING DRC AND IMF
REF: 22 JUNE 2009 LETTER FROM DEPUTY PRIME MINISTER
AND FOREIGN MINISTER KAREL DE GUCHT
UNCLAS STATE 068481
SIPDIS
E.O. 12958: N/A
TAGS: ECON EFIN OPDC BE CG
SUBJECT: SECRETARY CLINTON'S RESPONSE TO DE GUCHT
REGARDING DRC AND IMF
REF: 22 JUNE 2009 LETTER FROM DEPUTY PRIME MINISTER
AND FOREIGN MINISTER KAREL DE GUCHT
1. Please deliver the following text from Secretary
Clinton to Belgian Deputy Prime Minister and Foreign
Minister Karel De Gucht. The Department does not plan
to release the text of this message. There will be no
signed original.
2. Begin Text:
Dear Mr. Minister:
Thank you for your note of June 22 and your kind
wishes for my recovery. I am glad we are in agreement
on the issue of an IMF Poverty Reduction and Growth
Facility (PRGF) program for the Democratic Republic of
Congo (DRC).
A PRGF program is inappropriate if the DRC's borrowing
practices are not consistent with debt sustainability.
The concerns we shared with IMF First Deputy
Managing Director John Lipsky and DRC authorities in an
August 2008 letter from G-7 Finance Deputies have not
yet been fully resolved. We would not support a PRGF
program until the terms of the China-DRC infrastructure
and lending package have been revised to be compatible
with debt sustainability.
Unfortunately, I was unable to attend the OSCE
summit last week due to my recent injury. However, I
agree that this issue is an important one that requires
continued vigilance.
Sincerely yours,
Hillary Rodham Clinton
End Text.
CLINTON
SIPDIS
E.O. 12958: N/A
TAGS: ECON EFIN OPDC BE CG
SUBJECT: SECRETARY CLINTON'S RESPONSE TO DE GUCHT
REGARDING DRC AND IMF
REF: 22 JUNE 2009 LETTER FROM DEPUTY PRIME MINISTER
AND FOREIGN MINISTER KAREL DE GUCHT
1. Please deliver the following text from Secretary
Clinton to Belgian Deputy Prime Minister and Foreign
Minister Karel De Gucht. The Department does not plan
to release the text of this message. There will be no
signed original.
2. Begin Text:
Dear Mr. Minister:
Thank you for your note of June 22 and your kind
wishes for my recovery. I am glad we are in agreement
on the issue of an IMF Poverty Reduction and Growth
Facility (PRGF) program for the Democratic Republic of
Congo (DRC).
A PRGF program is inappropriate if the DRC's borrowing
practices are not consistent with debt sustainability.
The concerns we shared with IMF First Deputy
Managing Director John Lipsky and DRC authorities in an
August 2008 letter from G-7 Finance Deputies have not
yet been fully resolved. We would not support a PRGF
program until the terms of the China-DRC infrastructure
and lending package have been revised to be compatible
with debt sustainability.
Unfortunately, I was unable to attend the OSCE
summit last week due to my recent injury. However, I
agree that this issue is an important one that requires
continued vigilance.
Sincerely yours,
Hillary Rodham Clinton
End Text.
CLINTON