Business Services Industry
MINISTER URGES INDONESIA GOVT TO REVOKE CONTRACTS WITH IMF.
AsiaPulse News, April, 2003
JAKARTA, April 23 Asia Pulse - A cabinet minister yesterday urged the goverment not to hesitate in immediately revoking its contracts with the International Monetary Fund (IMF).
"We don't need to spend too much time on making the decision because the sooner we make it, the sooner we will enjoy the advantages. So, we don't need to worry about how we do it," State Minister of National Development Planning Kwik Kian Gie said.
He argued that even the People's Consultative Assembly (MPR), Indonesia's highest law-making body, had decided that Indonesia's contracts with the IMF should be discontinued some time later this year.
There was no point in waiting until year's end as it would be more advantageous to cut off relations with the IMF forthwith, Kwik...
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