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Article: Indonesia Expects IMF to Continue Its Loan Program
- Article from:
- Xinhua News Agency
- Article date:
- March 29, 2000
CopyrightCopyright 2000 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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Amid worry over possible loan suspension, an Indonesian
government official expected the International Monetary Fund (IMF)
not to delay again its aid to the country, saying such a move will
damage the on-going economic recovery program.
"The IMF has an interest in the process of economic recovery
program in Indonesia. If the IMF does not support Indonesia, it (
the IMF) will shatter," Minister of Finance Bambang Sudibyo told
reporters here Wednesday.
He also said that Indonesia will face trouble if the IMF along
with the World Bank (WB) and the Asian Development Bank (ADB) and
the Consultative Group on Indonesia (CGI) cease their (financial)
assistance.
"But currently, we have no problem ...