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Tuesday, June 15, 2004

Minister Kwik Kian Gie rejected new loans from the World Bank for the Subdistrict Development Program in spite of the fact that this program has already increased peoples standard of living.

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IT seems that whenever Kwik Kian Gies name is mentioned, there is likely to be some sort of controversy. Not heard of for a long time, this Minister and also Head of the National Development Planning Board (Bapennas), who is known for his outspokenness, is now back making waves again. This time its because of his rejection of a new loan from the World Bank amounting to US$220 million, the equivalent of Rp2 trillion (at an exchange rate of Rp9,500

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