Suharto's test
Article Abstract:
President Suharto of Indonesia faces tough political decisions. He has the promise of a $33 billion aid package from the International Monetary Fund (IMF), and will have to convince the IMF and international investors that he is undertaking economic reforms. However, he also needs to prevent the social unrest which analysts believe could develop in Indonesia. The President's control appears strong, and he has military support, but he has to tread carefully. Potential problem areas include the customary provision of a month's bonus payment to workers at the annual holiday in January.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
Suharto's way
Article Abstract:
Indonesia's President Suharto has consolidated his political power and is seeking to revive the economy. He has appointed a loyal cabinet and is seeking to renegotiate an agreement with the International Monetary Fund (IMF). He aims to strengthen the Indonesian rupiah, and there is concern that he could seek to impose rigid controls to fix the value of the rupiah in relation to the US dollar. The IMF may relax some of its requirements for reform, including permitting a delay in the removal of some subsidies.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
An Indonesian Miti? Suharto merges trade and industry ministries
Article Abstract:
Indonesian President Suharto merged the industry and trade ministries into a new Dept of Trade and Industry on Dec 6, 1995, as part of his economic reform plan that aims to increase exports. He hopes this merger will eliminate inefficiencies through greater coordination and businesspeople hope this indicates a reduction in state control of trade. Satrio Budihardjo Joedono, the former Trade Minister, was ousted while Tunky Ariwibowo becomes head of both areas.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Bhutto's burden. The price of power. Loosen up: Pakistan takes reprieve from IMF loan conditions
- Abstracts: Lords of the ringgit. Smooth operator. Thus spake Mahathir: Premier's comments raise questions about his advisers
- Abstracts: Toys & games. Toys and games in Spain. Toys and gamed in the Netherlands
- Abstracts: Peru's Promcepri starts to roll. ENEL may face shake-up. Peru sells generators
- Abstracts: Joyless recovery. It's the recovery, stupid. Press to start