Difficult to time RI rebound

Difficult to time RI rebound

SINGAPORE (Dow Jones): Stanley Fischer, International Monetary Fund managing director, said in a magazine interview that it's hard to estimate the timing of a recovery in Indonesia.

"It is difficult at this stage to know when recovery will begin in Indonesia," he's quoted saying in the coming edition of Asiaweek magazine. The magazine released a summary of the article yesterday.

While Fischer said the Southeast Asian crisis "will be over sooner if countries get on with their economic programs and the international community provides financial support," he also praised Indonesian ministers for their "determination."

The IMF managing director also said, "Expansion could return to (South) Korea and Thailand late this year or early next year," according to the magazine's summary.