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The Ambassadors Shock Proposal

Tuesday, January 17, 2006

The cabinet is not united on the question of reducing the debt burden. They think according to the bureaucratic logic of the creditor institutions.

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THERE are many ways to attract attention. What was done by Paskah Suzetta not long after he was sworn in as the Minister for Development Planning/Head of National Development Planning Board (Bappenas) at the beginning of December, was to make a shocking statement on Indonesias need to reduce its foreign debt. If necessary through a haircut or reduction.

Paskahs method proved effective. Those who came asking for clarification over the statement inc

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