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BI agrees Indonesia to help IMF |
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TEMPO Interactive, Jakarta: The Indonesian government’s plan to purchase IMF bonds has triggered criticism from various parties. However, Bank Indonesia says that Indonesia must take into consideration its interest in global economic stability.
“We must consider our interest in order to overcome global economic uncertainty,” said Bank Indonesia’s monetary management governor, Hartadi A. Sarwono on Sunday.
Hartadi said that in order to settle global economic uncertainty, a massive amount of funds needed to stabilize the financial condition in several countries.
Therefore commitment is expected from countries such as Indonesia, which have come out of the global financial crisis relatively unscathed.
By Bernadette Christin
Tempo Interactive
10 July 2012
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