On the recordJanuary 12, 1998
I'll take them both. On the Asian issue, I received a briefing this morning from Secretary Rubin and Secretary Albright, and I've obviously kept in touch with it; I do daily. We are working hard on it. I want to emphasize that the most important thing that has to be done is that all the countries affected have to make sure they have the very best policies to have good financial institutions, proper practices, things that will inspire investor confidence. But these economies have enormous productive capacity. They have generated dramatic increases in growth for their people, and we can restore stability if the countries will take the steps that are necessary. Then the IMF reform packages have to be followed. And the rest of us need to be in a position of supporting those trends. We're following it on a daily basis, and I believe that the path we're pursuing is the correct one. Situation in Iraq
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