Of Ants and Elephants

Asia Pulp & Paper creditors are running out of patience. They have demanded an inter-government scheme be issued.

March 25, 2003

Dozens of luxury cars entered the parking lot of the Office of the Directorate General of Tax in Jalan Gatot Subroto, Jakarta, last Friday. At 5pm, an important meeting took place, quietly, inside. Present at the meeting were Coordinating Minister for the Economy, Dorodjatun Kuntjoro-Jakti, Minister of Finance Boediono, and Syafruddin Temenggung, Chairman of the Indonesian Bank Restructuring Agency (IBRA). Among 11 diplomats were the America

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