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PKPS

Making Life Easier for the Cod Squad

Tuesday, February 12, 2002

The government continues to provide debt concessions for big-fish debtors and make improvements to the previous debt repayment agreements. Will this in fact make the government's bargaining position any stronger?

arsip tempo : 1732334598100.

. tempo : 1732334598100.

ALL the lobbying that has been going on for more than a month now is reaching its climax. The government will soon announce its "improvements" to the Shareholders'Liability Settlement (PKPS) debt repayment agreement. What will these be like? In fact, not that much different to the original concept of debt rescheduling for the `cod-squad' big fish debtors.

These super-rich big-fish debtors piled up debts with the governments after the

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