New Debts, New Problems

October 23, 2000

Sjahrir *)
*) Economic observer

 

Probably, no one will say that Indonesia made a success out of the CGI meeting in Tokyo last week. Indonesia received commitments for new debts amounting to US$4.8 billion and grants of more than US$500 million. Even the Economics Coordinating Minister Rizal Ramli was reluctant to call it a success, although he added that nevertheless, the CGI results give a new optimism for economic recovery. What w

...

More Articles