IBRA under a new chairman

IBRA under a new chairman

Hopefully, the Indonesian Bank Restructuring Agency (IBRA)
will be able to work more expeditiously under the helmsmanship of
its new chairman, Cacuk Sudarijanto. By doing so the agency would
be contributing much to efforts to stem inflation, revive the
real sector, bolster the public's confidence and maintain a rate
of interest that is acceptable to business, stabilize the rate of
the rupiah and revive the economy.

In addition to all that, however, it will be most important to
establish an image of IBRA as a prudent, and friendly institution
that is capable of acting firmly and yet authoritatively toward
business organizations. Aside from that, IBRA will also have to
be constantly on guard against foreign efforts to exploit our
present economic discomfort because if that happens, Indonesians
would veritably become serfs in their own country.

-- Bisnis Indonesia, Jakarta