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Tuesday, February 11, 2003

The government is proposing that its capital maintenance notes be used in exchange for old promissory notes. Is this just another another scam?

arsip tempo : 174490729797.

. tempo : 174490729797.

FIVE years ago, the government disbursed funding to Bank Indonesia—known as liquidity assistance—to the tune of an outrageous Rp159 trillion. The purpose of that liquidity assistance funding, was not only planned to prevent customers panicking and causing a rush on the bank, but—more importantly—it was intended to guard against the possible collapse of Indonesia's entire banking system.

Both these missions were carried out

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