Problems are Normal

April 27, 2004

DURING the last two years, there has been quite a bit of gossip about investments made by Jamsostek, the state-run social security service, in medium term notes (MTN). An investigation carried out last year by the Supreme Audit Agency (BPK), for example, showed several indications of haphazard investment practices. However, Jamsosteks managing director Ahmad Djunaidi is fully convinced that there was nothing erroneous about investments in MTNs in

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