Inserted Into the Amendment
In order to avert any banking crisis, the Finance Department and BI have proposed the setting-up of the Indonesian Financial Safety Net. Will this just make things more drawn out than before?
July 8, 2003
THE clock in the legislature complex struck 10pm just as a closed meeting of the Amendments to the Bank Indonesia State Decree Working Committee came to an end. One by one, the meeting's participants filed out slowly. Among them could be seen Darmin Nasution, Director-General of Financial Institutions at the Department of Finance. Although the department had been very spirited in its preparation of the amendment materials—especially r
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