HTML pages designed & maintained by Alifuru67 Copyright © 1999/2001 - 1364283024 & 1367286044		Ambon Island   Ambon City        Latupatti   Want to Help? ASIA PULSE, Thursday October 11, 2001 1:58 PM Analysts Fear Protests May Endanger Cgi Loan to Indonesia JAKARTA, Oct 11 Asia Pulse - Analysts have expressed anxiety that Indonesia's traditional loan providers may no longer consider the country deserving of loan assistance. The Consultative Group on Indonesia [CGI], which is chaired by the World Bank, may refuse extending new loan when it meets next month, former finance minister Bambang Subianto said. The Paris Club of official creditors may also turn down an Indonesian request for more debt rescheduling, Subianto said Wednesday. The reason is Indonesians seem to side with Afghanistan in its conflict with the United States and its allies and both CGI and Paris Club members are made up of allies of the United States, he said. Islamic groups have launched strong protests against the United States for the strike on Afghanistan, urging the government to sever diplomatic ties with that country. Meanwhile, the government looks uncertain whether to bow to the strong demand to denounce the United States. "The prospects are gloomier for the country's economy as the balance of payments and the state budget depend largerly on foreign loans," Subianto said. Anton Gunawan, an economist from Citibank, said anti-American protests would not prevent donors from extending loans for Indonesia. Donor countries and international agencies have confidence in the government, Anton said, adding that the largest donors in CGI are Japan and the World Bank, not the United States. (ANTARA) Copyright © 2001 Asia Pulse Pte Ltd. Copyright © 1999-2001  - Ambon Berdarah On-Line * http://www.go.to/ambon HTML pages designed and maintained by Alifuru67 * http://www.oocities.org/baguala67 Send your comments to alifuru67@egroups.com