The Paris Club communiqu
Indonesia
Infrastructure
News
Indonesians resist IMF measures
Donors failed to carry out their threats to suspend financing as the Indonesian government does a u-turn on IMF imposed increases in fuel and electricity prices.
Rights
News
Indonesian experience casts doubts on Bank anti-corruption efforts
An Indonesian NGO complains that the Bank’s Department of Institutional Integrity has not been sufficiently transparent and achieved limited results.
Accountability
News
Indonesian MPs: write-off IMF loans
One hundred members of the Indonesian parliament wrote to the heads of the IMF and World Bank, condemning the institutions for implementing “disastrous orthodox macroeconomic policies”.
Finance
News
East Timor debt, adjustment fears
The first elected government in East Timor faces an estimated US $154-$184 million shortfall in its initial three-year budget.
Finance
News
Social legacy of Indonesia’s crisis
A new pamphlet from UNICEF details the social legacy of Indonesia’s financial crisis.
Rights
News
“Fighting neo-liberalism in the Asia-Pacific”
The Asia Pacific Peoples’ Solidarity Conference will be held in Jakarta, Indonesia, 7-10 June, 2001, organised by the Indonesian Centre for Reform and Social Emancipation (INCREASE ).
WB/IMF roles
News
IMF critical of Indonesian decentralisation
The IMF is critical of the Indonesian’s government’s decentralization plans, which it believes could lead to excessive borrowing by regional governments.
Finance
News
Little change in new IMF Indonesian programme
A revised programme agreed between the Indonesian government and the IMF in September has led to few changes.
Rights
News
Human rights abuses in Indonesia
In a letter to Bank President, James Wolfensohn, the Japanese Network for Indonesian Democracy, called for the Indonesian Consultative Group meeting, scheduled for 17-18th October in Japan, to be postponed until the human rights situation improved.
Rights
News
Jakarta activists call for local initiatives
NGO activists in Jakarta wrote an open letter to World Bank President James Wolfensohn in February, asking him to meet directly with the people to hear their own solutions to reverse Indonesia’s economic decline based on small-scale, local initiatives.
Accountability
News
IMF and Bank failed to spot Indonesia corruption
The International NGO Forum on Indonesian Development (INFID) has criticised the Bank and Fund for failing to properly supervise the use of loan funds which were intended to help refinance the shattered banking sector.