INDONESIA - Why Indonesia and the IMF don't mix

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INDONESIA - Why Indonesia and the IMF don't mix

Last month we printed an interview with Dorodjatun Kuntoro-Jakti, Indonesia's co-ordinating minister covering finance and the economy, who had just signed an agreement with the IMF to extend its involvement in Indonesia to 2003. But Dorodjatun's views are not shared by all in his party, and in particular one of his predecessors, minister of state for national development planning Kwik Kian Gie. In this excerpt from a recent address, he states his case against further involvement with the IMF. He didn't get his way, but his views make interesting reading.

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