IMF to Disburse loan at the end of August
8 December 2003 09:50 WIB
The House Speaker then added that the IMF loan is needed to develop the economy. Akbar said there was nothing new added to the Letter of Intent between the IMF and the Indonesian government. “But Anop said that [the material] was revised,” Akbar said.
During the meeting, it was reported that the IMF supported the postponement of Bank Indonesia draft law revision. In addition, the IMF proposed some programs proposed to improve political stability, and accelerate the privatization of government owned companies and the IBRA assets sale. “The IMF also suggested developing a good banking system,” Akbar said firmly.