Business Weekly

May 7, 2006

IMF Debt Repayment to be Accelerated

THERE is now an opportunity for Indonesia to accelerate its debt repayment to the International Monetary Fund (IMF). According to Miranda S. Goeltom, Senior Deputy Governor of Bank Indonesia (BI), this step can now be carried out because Indonesias foreign currency reserves keep increasing.

It is felt necessary to accelerate repayment of Indonesias debt to the IMF because the IMF is going to raise its interest r

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