SBY-Boediono Foreign Debt Addiction?

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Instead of eliminating the debt, the government of SBY-Boediono exactly add new debt. Ironically, it was done in a 100 day program. Naturally, if the International NGO Forum on Indonesian Development (INFID) assess the Cabinet Indonsia addicted Unity II debt, both bilaterally and multilaterally.

Advocacy Coordinator so said Wahyu Susilo INFID in discussions “SBY 100-Day Government Boediono: Macroeconomic Policy with unequal Welfare”. “For 100 days, economic diplomacy is increasing the debt. While foreign policy was not directed at debt reduction,” says Revelation as a press conference on Sunday (31.1.2010).

In the year 2009 alone, continued Revelation, the total central government debt reached USD 1618 trillion. In fact, the debt burden may interfere with the budget revenue and expenditure.

The new debt alleviation program looks from people out of poverty, such as the National Community Empowerment Program (PNPM), Family Hope Program (PKH), and the School Operational Assistance (BOS), which continued with the cost of foreign debt. This program had previously been independent of government programs, but handed over to foreigners.

Not to mention the burden of debt policies that are named Development Policy Support Program Program. Additional debt is obtained from the Asian Development Bank worth 200 million U.S. dollars and the World Bank worth 600 million U.S. dollars.

Ironically, these donors as well as establishing new institutions to accelerate the program above.

Executive Director K INFID Donatus Marut added, SBY government addicted to debt seems when leading a delegation of Indonesia in the climate change summit in Copenhagen, Danish, mid-December 2009. “President SBY has a new debt commitments to climate change,” said Donatus.

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