The Call On the Wild - Environment - magz.tempo.co

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The Call On the Wild

Tuesday, October 9, 2001

The government is setting up a mechanism by which debt repayment is to be swapped for funds to conserve nature. But the threat of irregularities loom large.

. tempo : 172853103533.

Repayment of debt goes into the payee's own account. Strange but true. The government is now setting up a mechanism in which repayment of part of its foreign debt goes to financing natural resources conservation programs and social development in Indonesia. This is better known as the debt-for-nature & development swap (DNDS). The certainty that DNDS will be part of the negotiations between the Finance Minister and creditor countries like the ...

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