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Und wieder eine kleine Information zu unserem geliebten Indonesien ! Alles wird gut :-) Friday, July 7 2:10 PM SGT Reforms to be completed by July 20, Indonesia says to IMF Indonesia has told the IMF that reforms promised in the country`s current letter of intent will be completed by July 20. The country`s chief economics minister Kwik Kian Gie said this in a letter to International Monetary Fund Deputy Managing Director Stanley Fischer, according to Reuters. Indonesia had previously said it hoped to sign the letter of intent in mid-July. The signing of Indonesia`s previous letter of intent was delayed by two months due to the slow pace of economic reform. Mr Kwik`s letter said Indonesia would shortly adopt a new governing body for the Indonesian Bank Restructuring Agency (IBRA) and establish a committee to handle recalcitrant debtors. This, it said, would leave four main reforms to be completed by July 20. These are: finalising and publicising a detailed asset sales and debt restructuring schedule for IBRA; recapitalising Bank Rakyat Indonesia; prosecuting uncooperative bank owners who have been referred to the attorney-general; and specifying sanctions for ministries that have not reported off-budget funds. In January, Indonesia agreed a new US$5b three-year loan deal with the IMF. Before each tranche is disbursed, the country must pass an IMF review of its progress in implementing promised reforms, and sign a new letter of intent. The next US$400m loan tranche is expected in August, if the country agrees its next letter of intent this month. All rights reserved. This material may not be published, broadcast, rewritten or distributed. All reproduction or redistribution is expressly forbidden without the prior written agreement of Channel NewsAsia. |
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| aus der Diskussion: | Bank international Indonesia (BNII): eine glatte 500 % Chance ! |
| Autor (Datum des Eintrages): | broker*709 (07.07.00 22:19:37) |
| Beitrag: | 111 von 451 (ID:1258219) |
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