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Indonesia

The World Bank’s response to COVID-19

29 October 2020 - by Susan Engel, Nadeen Madkour, Owain Williams

The COVID-19 pandemic hit a world already struggling to find the fiscal space to adequately fund health and other social services. In this context, it is important to note that the World Bank’s long-term approach to healthcare has severely (...)
Series: 1944-2020, 76 years of interference from the World Bank and the IMF (Part 13)

The World Bank and the IMF in Indonesia: an emblematic interference

13 May 2020 - by Eric Toussaint

In 2020, the World Bank (WB) and the IMF are 76 years old. These two international financial institutions (IFI), founded in 1944, are dominated by the USA and a few allied major powers who work to generalize policies that run counter the (...)
A New Wave of Water Privatisation in Indonesia

1 January 2018 - by Irfan Zamzami

The central government of Indonesia has repeatedly announced its intention to universalise access to clean water by 2019. To achieve this, an estimated 27 million new connections are needed, with a major investment gap of IDR 274.8 trillion (...)
Children Suffer as World Bank’s Borrowers Upend Their Lives

9 February 2016 - by Michael Hudson, Jocelyn C. Zuckerman

In the disappearing rainforests of Indonesia, a 9-year-old boy copes with the trauma of eviction. KEY FINDINGS - Over the last decade, projects funded by the World Bank have physically or economically displaced an estimated 3.4 million (...)
The support of the World Bank to forced displacement

18 April 2015 - by Eric Toussaint

The World Bank appears to be admiting that its has been in the wrong on matters concerning the displacement of populations. The International Consortium for Investigative Journalism (ICIJ) has enquired into the World Bank’s actions in fourteen (...)
Indonesia’s labour movement stirs

5 November 2013 - by Max Lane

Widespread strikes and worker protests took place in many Indonesian town and cities on 31 October and 1 November. On the first day of the strike, the Indonesian police stated that they had noted actions in 50 towns and cities in 15 provinces. (...)
Why should Pakistan trust us?

28 July 2010 - by Nick Dearden

The Afghan ‘war leaks’ have revealed in stark detail the mistrust and tension that lies at the heart of the West’s relationship with Afghanistan and Pakistan. But this mistrust is not merely the product of a nine-year war, but of decades of (...)
Make use of G8 summit to ask for debt write-off

9 July 2008 - by Koalisi Anti Utang (KAU-Anti Debt Coalition Indonesia)

Jakarta - The Anti Debt Coalition (KAU) has called on the government to capitalize on the summit which will take place near Lake Toya Hokaido, Japan, on July 7-9, 2008 to ask for the writing off of Indonesia’s foreign debt. This had to be (...)
KPK urged to investigate foreign debt management

25 June 2008 - by Koalisi Anti Utang (KAU-Anti Debt Coalition Indonesia)

Jakarta (ANTARA News) - The Anti-Debt Coalition (KAU) on Thursday urged the Corruption Eradication Commission (KPK) to investigate the ways in which the country`s foreign debts are managed. “The KPK is making one step forward now that it begins (...)
Governments urged special audits on foreign debt management

20 May 2008 - by ANTARA News

A non-governmental organization urged the government to conduct special audits on the management of Indonesia`s foreign debt in order to ascertain its effectiveness from the viewpoint of the government as its user and the creditors` (...)
Towards Indonesia Free From Debt

7 May 2008 - by Koalisi Anti Utang (KAU-Anti Debt Coalition Indonesia)

The Third National Meeting of Anti Debt Coalition (Koalisi Anti Utang) held in Yogyakarta on 11st-15th April 2008 had delivered several recommendations to urge agenda ’Indonesia free from debt.’ This meeting mandated Dani Setiawan as chairman of (...)
Anti Debt Coalition Indonesia rally against IMF in jakarta

NGOs stage rally against IMF Jakarta (ANTARA News) Tens of non-governmental organization (NGO) members grouped in the Anti-Neocolonialism and new imperialism movement staged a rally in front of the Merdeka Palace here on Wednesday. The rally (...)
Tsunami Aid or Debt Cancellation

The studies in this book by Damien Millet, Eric Toussaint and François Houtart analyses the link between the post-Tsunami reconstruction and the cancellation of the multi and bilateral aid of the Tsunami affected countries. They are arguing that (...)
International press

Indonesia IMF payback is end of key chapter for Asia

3 July 2006 - by Turkishdailynews

Indonesia’s move to repay its International Monetary Fund (IMF) debt early marks the final chapter of the financial crisis that tortured Asia almost a decade ago, just as investors are again growing wary of emerging markets. Indonesia is the (...)
Press release

Prevent A Man-Made Disaster: Cancel Indonesia’s Debt

Jubilee USA press release: Indonesia Requires Debt Cancellation to Rebuild after Earthquake.
Indonesia: History of a bankruptcy orchestrated by IMF and the World Bank

10 July 2005 - by Eric Toussaint, Damien Millet

The present text is part of a book to be published by VAK in Mumbai. The present text was first published in French in Damien Millet - Eric Toussaint, Les Tsunamis de la dette, CADTM-Syllepse, Liège-Paris, 2005. Media coverage of the tsunami (...)
IMF and WB: the destruction of Indonesia’s sovereignty

18 October 2004 - by Eric Toussaint

After the Second World War, Southeastern and East Asia played two major roles. This region supplied raw materials to Western societies. Moreover it was a flashpoint for confrontations between contending Cold War interests. On 27 December 1949, (...)
The IMF and the Indonesian Elections

The Invisible Hand at the Voting Booth

31 July 2004 - by Diane Farsetta

Diane Farsetta is the coordinator of the Madison chapter of the East Timor Action Network, senior researcher at the Center for Media and Democracy, and community radio volunteer at WORT FM in Madison, WI. According to many observers, this (...)
Dogmatic Development: Privatisation and conditionalities in six countries

7 April 2004 - by War on Want, PSIRU

This report looks at how conditionalities and pressures from aid agencies and development banks force developing countries to adopt privatisation policies in public services. It focuses specifically on the sectors of water, electricity, and (...)
NGOs File Civil Lawsuit Against Govt’s Pro-IMF Policies

1 March 2004 - by Urip Hudiono

Three non-governmental organizations filed a lawsuit against President Megawati Soekarnoputri on Thursday at the Central Jakarta District Court for issuing Presidential Instruction No. 5/2003 on an economic policy package with International (...)