Wishing for Champagne Taste on a Beer Budget

Indonesia, it seems, will continue to suffer from offshore loans taken out by the government and the private sector. While offshore debts have swollen very speedily, the ability to settle them is still limited. As a result, many of these debts cannot be settled and their loan periods will have to be extended. If this situation persists, Indonesia’s economy will be considerably affected The exchange rate of the rupiah will be directly influe...