End of the Road?

Several donor countries have not yet signed the Paris Club agreement. That means Indonesia could have to shell out billions of dollars.

March 20, 2001

INDONESIA'S stormy relationship with the International Monetary Fund (IMF) is proving to have very grave consequences. A loan tranche of US$400 million promised by the IMF has failed to materialize. And there is a threat that next month's meeting to reschedule debt payments with donor countries—known as the Paris Club—could be cancelled. In addition, there is a possibility that the agreement reached on April 13 last year could be declar

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