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To: May Tran who wrote (22688)	8/10/1999 9:36:00 AM
From: allen v.w.	Read Replies (2) \| Respond to of 40688

IMF: Credit Tranche Shows US Trust In Habibie Govt, Expert Says New York, Aug 5 (ANTARA)-The credit approbation of the International Monetary Fund (IMF) to Indonesia shows the trust of the United States, as the biggest IMF contributor, to Habibie's government, said the economic expert Achyar Hanif here Wednesday. "This is proof that the IMF and the US government trusts the present government, which has showed a strong commitment from Habibie to conclude the agreement with the international financial institution," he said, commenting on US$460 million credit tranche for economic recovery on Tuesday (Aug 3). According to him, this IMF policy has also proven that Habibie's government has used the funds in the prover way, not for money politics which it has been accused of so far by certain parties. "If the funds were misused, like for political reasons or buying votes, the IMF will not approveits credit to Indonesia," he said. He also said that based on the point of view of IMF interests, this institution will prefer the cooperation with the present government which has been well-known for its commitment. In the statement, IMF first Deputy Managing Director, Stanley Fisher, said that the executive directors welcomed the performance improvement of the Indonesian Economy in recent months and the strengthening signals of an incipient recovery in real output. They also welcomed the improvement in market confidence based on both the successful election and implementation of the Indonesian economic program.