Rizal Ramli:"I'm optimistic the economy will grow at a rate of 6-7 percent in 2001"

December 26, 2000

At a glance, Indonesia's economy does seem to be improving. But Coordinating Minister for the Economy Rizal Ramli mustn't be satisfied with it just yet. The revival is only in domestic consumption plus an increase in exports—a record US$60 billion in the January-October period. There has been no progress in the distribution of credit from banks to the business world or in the rupiah's strength. Banks, which have been recapitalized at hundr

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