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Bonds

Let's All Defer Responsibility!

Tuesday, May 28, 2002

Data at IBRA shows that the recapitalized bonds maturing in July amount to three times the Rp3.9 trillion at Minister Boediono's disposal. So where's the rest of the money?

arsip tempo : 178038934658.

. tempo : 178038934658.

Former Minister of Finance Bambang Sudibyo once had a complaint. The recapitalized bonds, said the Yogya-born economist, are in truth "toy" financial instruments. Therefore, their settlement should use a financial engineering technique, not real money. Perhaps Pak Bambang will complain again when he hears the policy taken by his successor, Minister of Finance Boediono.

At the House of Representatives' (DPR) building on Wednesday,

...

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