Ginandjar to visit Tokyo

Ginandjar to visit Tokyo

TOKYO (Reuters): Indonesia's top economic minister Ginandjar Kartasasmita will visit Tokyo from tomorrow as part of a roadshow to explain the nation's debt restructuring program to Japanese creditors, officials said yesterday.

Ginandjar will arrive in Tokyo late on Sunday afternoon and hold talks with Japanese investors and commercial creditors from Monday, an Indonesian embassy official in Tokyo said.

Separately, a Japanese finance ministry official said the ministry was trying to arrange a meeting between Ginandjar and Finance Minister Hikaru Matsunaga.

The two ministers may discuss plans for additional aid for Indonesia, being discussed by the International Monetary Fund (IMF), another Japanese official said.

A World Bank official said earlier this month the bank, the IMF, and the Group of Seven nations were finalizing an additional US$6 billion package to supplement Indonesia's existing bailout program.

Ginandjar will leave Japan either on July 15 or 16, the embassy official said.