Waiting for America

The final discussions regarding Indonesia’s debt rescheduling are now up in the air because of the Black Tuesday tragedy that stuck the United States. What about Paris Club III?

September 18, 2001

FATE rarely seems to be on Indonesia’s side. Just as Minister of Finance Budiono was getting making preparations to discuss debt rescheduling with donors at the Paris Club, disaster descended on the World Trade Center in Manhattan, New York, and the Pentagon in Washington. The Black Tuesday disaster that killed thousands of innocent people has shocked the world. As a result, the Paris Club meeting that was scheduled for last week has been p...

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