IMF approval seen this week
IMF approval seen this week
BRUSSELS (Dow Jones): International Monetary Fund Indonesia
Representative John Dodsworth Monday said that he expects the IMF
to approve a $400 million tranche of a $5 billion loan to
Indonesia this week.
He expects that the IMF will start disbursing the funds this
June.
Dodsworth said that IMF officials are currently discussing the
tranche in Washington and should come to a positive decision this
week.
"I hope that in the next few days that it will go along," he
said. "I don't anticipate any problems," Dodsworth said at a
press conference in Brussels.