Avoiding the <font color=#FF9900>Debt Trap</font> - Economy - magz.tempo.co

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Avoiding the Debt Trap

Tuesday, June 30, 2009

Debt has once again become a matter of debate among the presidential hopefuls. Indonesia's rating has risen from stable to positive.

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PRESIDENTIAL candidate Megawati Soekarnoputri has promised that she will stop foreign debt because this has become a burden for the nation. She made this statement during the presidential debate held by the General Elections Commission (KPU), on Thursday evening last week. Because of its natural wealth, Indonesia should stop borrowing. In fact, with this wealth of natural resources, she went on to say, "Indonesia will be capable of repaying all of

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Tempo English Tuesday, June 30, 2009
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