Resumption of RI aid soon

Resumption of RI aid soon

WASHINGTON (AFP): The deputy head of the International
Monetary Fund on Thursday said he hoped to see a resumption in
IMF credits to Indonesia "in a matter of weeks."

IMF deputy managing director Stanley Fischer, speaking to
journalists at a conference here, said the political outlook for
the country could be "encouraging if there is political support
for this government."

He was reacting to Wednesday's election by the Indonesian
Consultative Assembly of President Abdurrahman Wahid and Vice
President Megawati Soekarnoputri.

Fischer said he hoped to see a resumption in IMF assistance to
Jakarta "relatively soon, in a matter of weeks."

IMF disbursements to Indonesia have been suspended since
August. The Fund's managing director, Michel Camdessus, said
recently that a resumption in loan installments would depend on
events in East Timor, which voted August 30 to severe ties with
Indonesia, and the resolution of a financial scandal at Bank
Bali.