making some sense of the imf/indonesia stuff

By Anonymous (not verified) , 20 February, 2001
Author
marco

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Finance Minister Priyadi Praptosuharjo pledged that

Indonesia will work hard for an agreement with the

International Monetary Fund following warnings that

a continued standoff would lead to an international

loss of confidence, reports said Tuesday.

The Paris Club of 19 sovereign creditors agreed

last April to reschedule 2.8 billion dollars of

Indonesian debt, but any break with the IMF, over

central bank independence, would risk its cancellation.

ref - [http://bolivia.indymedia.org/display.php3?article_id=116]