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Scared to Barter Debts for Anti-Terrorism?

Tuesday, November 20, 2001

So that the next Paris Club meeting runs smoothly, the Indonesian government has at last extended its contract with the IMF until the end of 2003. She might also be able to utilize the issue of anti-terrorism to get better debt rescheduling from creditor nations.

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THE relationship recently between Indonesia and the International Monetary Fund (IMF) is a little bit like the parable of the son-in-law who lives with his wife's mean but rich parents. He does of course have a choice. He can spend his days listening to his in-laws gripe on and on, in the certainty that there'll be no problems as far as household affairs are concerned. Or he can move out of the house and be free of all their hated rules, but then h...

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