The Parent Trap
BI's employee association, an enterprising unit, is about to be put in order by the new bosses. Will conflicts of interest be eliminated?
September 30, 2003
WHEN an institution as vital as Bank Indonesia must accomodate two differing interests, a dangerous situation is bound to ensue. BI, as we all know, will incur a huge Rp144 trillion deficitthanks to the Bank Indonesia Liquidity Support (BLBI) funds fiasco. In the next two years alone, the deficit is estimated to reach Rp13.8 trillion. The government and the House of Representatives (DPR) have agreed to pay the deficits out of the State
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