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Article: Java's uneasy riders: Indonesia may have won itself a new deal with the IMF to bail out its battered economy. But will it backpedal once again?(Brief Article)
- Article from:
- The Economist (US)
- Article date:
- April 11, 1998
CopyrightCOPYRIGHT 1998 Economist Newspaper Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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JAKARTA
Indonesia may have won itself a new deal with the IMF to bail out its battered economy. But will it backpedal once again?
AFTER three weeks of tough negotiations, Indonesia reached an agreement with the IMF this week on a programme of economic reforms that would allow the resumption of disbursements from a rescue package worth $43 billion. Payments had been suspended since President Suharto and his government brazenly broke the terms of two earlier agreements. The deal is probably the last chance for Mr Suharto and the cronies he has now appointed to his cabinet. Together they have to convince the world that it is their intention to restore Indonesia's ...
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Article: IMF: INDONESIA MUST START PAYING LOANS
United Press International;
February 13, 2002 ;
567 words
...00-00-0000 IMF: Indonesia must start paying loans ... financial crisis in 1997, IMF officials said in a statement. Indonesia also must recover more than ... employees. Meanwhile, the IMF mission lauded Indonesia's macroeconomic policy ...
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