Pleasing the IMF?

The government and the DPR have finally agreed to fast track adjustments to the budget. For the needy, it means additional burdens.

May 28, 2001

FOLLOWING TWO weeks when little was done, the government has made the long-awaited decision to revise the state budget. Under the leadership of Vice President Megawati Sukarnoputri, the cabinet has agreed to revise the 2001 state budget deficit, which has ballooned from Rp52.5 trillion to Rp87.3 trillion. What is most important is that all the original budget assumptions—which have now been proven to be far from reality in the field—sho

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