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Getting the Better of or Divorcin g the IMF?

Tuesday, June 11, 2002

Indonesias draft sixth Letter of Intent (LoI) with the IMF has made several opinion makers even angrier than before. Yet again, the issue of breaking off relations with this financial institution has reared its head.

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As far as several of Indonesias senior officials are concerned, the presence of the International Monetary Fund (IMF) has had an extraordinary impact on the nation. Last year, the then Coordinating Minister for the Economy Rizal Ramli got very angry indeed because of the IMFs attitude and even started making threats. This year, its the turn of Kwik Kian Gie, the State Minister for National Development Planning and also Head of the National Develo

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