Expensive Buying

March 20, 2007

THE state has a potential loss of about Rp187.5 billion in the purchase of money printing machines from Giori by the Indonesian National Mint, Peruri, in 2005 and 2006. These  gures were obtained from the difference between the price of the Swiss-made machines and that of the same type of Komori, Japan.

The potential loss became even bigger as the procurement costs of the expensive machines also raised production costs for printing the money t

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