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Complete Hypocrisy

Tuesday, July 23, 2002

arsip tempo : 178038118390.

. tempo : 178038118390.

Sjahrir*
*Economist, Chairman of the New Indonesia Alliance.

 

The Indonesian Bank Restructuring Agency's (IBRA) Loans Assets Sale Program (PPAK) involving Rp185 trillion made the news everywhere. But few people actually know what really happened and what the results will be for economic recovery.

One important item to be noted, but rarely talked about, is the relation between the assets sale and initiatives to restructure the ba

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