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Consultative Group on Indonesia

Disbanded but Door Remains Open

Tuesday, January 30, 2007

Through bilateral deals, Indonesias position is expected to be stronger. But no one really knows whether to cry or to curse.

arsip tempo : 173523207019.

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AFTER SO MANY years of being dictated by donor countries, at long last the Indonesian government has done something courageous. Last week, after meeting with Rodrigo de Rato, the Executive Director of the International Monetary Fund (IMF), Indonesian President Susilo Bambang Yudhoyono announced a shocking decision: the disbanding of the Consultative Group on Indonesia (CGI). This was a forum of creditors which routinely extends loans to Indonesia

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