The news of a 50 percent debt reduction for cooperatives and SMEs (small- and medium-sized enterprises) has spread far and wide, despite the fact that the policy has not yet been enacted into law. The reason being that President Megawati has not signed the draft presidential decree, which, among other things, stipulates that debts amounting to less than Rp5 billion should be given a trim. Business quarters have responded positively to the debt