Indonesia's Debt Last 5 Years Greatest Throughout History of Indonesia

Indonesia's Debt Last 5 Years Greatest Throughout History of Indonesia Monday, June 15, 2009
Posted by Quito in Apa Kabar Indonesia Riantori?.
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Indonesian Team Up (TIB) noted Indonesia's debt in the last 5 years have increased by 31 percent to Rp 1667 trillion. This represents a debt of Indonesia's largest debt in history.

This was conveyed by the Chairman of Indonesian Team Up, Rizal Ramli in a press conference at Hotel Bumi Karsa, Jakarta, Tuesday (1/4/2009).
He explained, in the last five years the number of Indonesia's debt increased by 31 percent from Rp 1275 trillion in December 2003 to Rp 1667 trillion in January 2009 or an increase of approximately Rp 392 trillion.
"That puts Indonesia in the record of the largest debt in history," he asserted.
Meanwhile, Rizal also said the amount of debt per capita of Indonesia has increased. If in 2004 the per capita debt of about USD 5.8 Indonesia surprise per head, then in February 2009 jumped so Rp 7.7 million per head.
"Kan strange, TIB data showed rising debt, how dare the government make debt ads down," he said.

Indonesia useless Arrived To G-20
Indonesian Team Up (TIB) also assess Indonesia's arrival at the G-20 could be wasted if not bring a special economic interest for Indonesia itself.
"There is no point if Indonesia is in the G-20 did not bring a specific agenda that prioritizes the economy in Indonesia, will all be in vain," said economist TIB Hendry Saparini the same occasion.
According to Hendry, if the presence of Indonesia only strengthen the role of the IMF and the World Bank and opened wide the door of free trade, the same as it would be detrimental to Indonesia because of the impact of free trade will drop the local industry because the market will be flooded by imported products.
"Loss if we did not bring an agenda that does not address our economic interests, but only deal with the IMF and World Bank," he explained.
"We do not want fooled. So far developed countries have never opened the door wide free trade. If Indonesia does not dare to fight for their economic interests aja ya useless to be there, "he said.