No new loan request from RI
No new loan request from RI
TOKYO (Reuters): Japan has not been asked by the International
Monetary Fund (IMF) to make additional loans to Indonesia, an
official at the Ministry of Finance said yesterday.
"If needed, Japan will probably consider what it can do. But
there has been no such request," the official, who did not want
to be identified, told Reuters.
A report in Sunday's Japanese business daily Nihon Keizai
Shimbun quoted international financial sources as saying that the
IMF was likely to ask Japan to extend an additional $1 billion in
emergency loans to Indonesia.
The paper said the aim of the loans would be to prevent the
Indonesian government from being forced to defer repayment of its
external debt.