Making the Cut

Faster realization of the budget could promote economic growth, as with more bank loans. Interest rates need to come down.

November 11, 2008

WE still need to discuss the impact of the global economic crisis because in several countries, such as the United States and Britain, there are clear signs of recession. The construction and service sectors in Britain are in a free fall. Automobile sales in the US are at their lowest level since the end of World War II. The crisis could come to Indonesia sooner rather than later.

There are concerns because many predicted that the crisis would �

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