	philippine debt talks delayed for consultations today s debt rescheduling talks between the philippines government and its bank advisory committee were postponed until thursday to give the banks more time to consider manila s novel proposal for paying part of its  bill in notes instead of cash bankers said the committee banks met briefly earlier today and decided that they needed more time in particular to consider a news report which quoted a reagan administration official as urging that the proposal be given serious consideration the banks felt that this was new information and that further consultation was called for one banker said in a despatch yesterday from washington reuters quoted the official as saying manila s plan to pay some  with notes that could be converted into equity investments in the philippines was fully consistent with the reagan administration strategy for handling developing country debt the philippine proposal is very ing it s quite unique and i don t think it s something that should be categorically rejected out of hand the official said because of the key role the u s plays in the debt crisis foreign banks in particular wanted time to analyze the significance of the policymaker s comments bankers said reuter 
