1) REPORTED SOVIET OFFER OF CREDITS TO CZECHOSLOVAKIA 2) CZECH PLANS TO APPLY F

Created: 5/9/1968

OCR scan of the original document, errors are possible

ON SHORT-TERM PROJECTS THAT PAY OFF QUICKLY AND WOULDMAKING THE CZECHOSLOVAK CROWN FREELY CONVERTIBLE INROJECT WHICH CERNIK BELIEVES SHOULD HAVE THE

3.

PRIORITY. ON THE OTHER SIDE, OFFICIALS REPRESENTING MINISTRIES ENCAGED IN "PUBLIC WORKS" PROJECTS PREFER TO USE THE .MONEY FOR LONG-TERM IMPROVEMENTS, PARTICULARLY ON THE COUNTRY'S HIGHWAY AND RAIL NET.

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Laj library

Mandatory Review Case If Nil.IPS

INTILLICENCC ACI..CY

Intelligence Information Cable

country CZECHOSLOVAKIA/SOVIET UNION

SUBJECr 1) REPORTED SOVIET OFFER OF CREDITS TO CZECHOSLOVAKIA

2) CZECH PLANS TO APPLY FOR INTERNATIONAL MONETARY FUND LOAJjj^

O.

THE SOVIET UNION HAS MADE FER OFREDITS TO CZECHOSLOVAKIA.

COMMENT: IN A "NEW YORK TIMES" ARTICLE OF 1 MAY AVID BINDER REPORTED THE OFFER OF AILLION DOLLAR

9

4 SOVIET LOAN TO THE CZECHOSLOVAKS, SUPPOSEDLY TO COMPENSATE FOR BAD

2 FEELING CREATED WHEN THE SOVIETSUARTERLY WHEAT DELIVERY

TO THE CZECHOSLOVAKS.)

AUG 9

Original document.

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