When a Beneficiary Turns Fierce

The generous creditor has suddenly become demanding. After disbursing its loans to Indonesia for so long without a fuss, the Asian Development Bank (ADB), through its chief representative in Jakarta, Jan Heeswijk, announced last week that ADB would disburse future loans on condition that the government of Indonesia faithfully sticks to its agreement with the International Monetary Fund (IMF).

In addition, following the World Bank's (WB) decision

Subscribe to continue reading.
We craft news with stories.

For the benefits of subscribing to Digital Tempo, See More

The Best Choice

Rp 54.945/Month

Active for 12 Months, Rp 659.340

• *You Save -Rp 102.000
• *Guaranteed update of up to 52 Editions of Tempo Magazine

Subscribe

Rp 64.380/Month

Active Every Month Cancel Anytime

• *Free for the first month if using a Credit Card

Subscribe

See Other Packages

Already a Subscribed? Log in here
To receive daily news by Email, Sign up for Tempo ID.