Indonesia - New reforms to restore economy

(16 Jan 1998) T/I: 10:33:38


The IMF will keep a close eye on Indonesia's new reform programme amid market skepticism following the failure of an earlier plan to restore confidence in the economy, analysts said on Friday (16/1).
President Suharto promised wide-ranging and painful reforms in a new deal he made on Thursday with the International Monetary Fund (IMF), including the abolition of monopolies and cartels controlled by his family and friends.

SHOWS:

JAKARTA, INDONESIA 16/01
WS market;
market scenes;
traders;
vegetables being sold;
VOX POP woman in bahasa saying if situation goes on, we small people cannot eat;
VOX POP on tv sometimes said that prices are going down, but in the market the prices staying the same, even going up again and again;
GV of stock exchange;
various of exchange;
SOT (English) Subash Tiku, sales and marketing analyst saying he is positive about what's going on;
VS foreign and domestic banks;
SOT Mari Pangestu, economist, Centre for Strategic and International Studies;

15/01
VS " Timor" national car showroom;
VS Hutomo Mandala Putra, President Suharto's son, visiting showroom;
SOT: Hutomo Mandala Putra,

16/01
foreign exchange;
people changing money;
vs petrol station;
street scenes.

4.01

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