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To: CIMA who wrote (40178)9/10/1999 8:08:00 AM
From: long-gone  Read Replies (1) | Respond to of 117011
 
Thursday September 9, 11:10 am Eastern Time
Fischer-E.Timor bound to affect IMF-Indonesia ties
WASHINGTON, Sept 9 (Reuters) - The ``humanitarian and political disaster' in East Timor will affect the International Monetary Fund's ties with Indonesia, and the fund is also worried about a banking scandal which touches on key issues in its lending program, the deputy head of the IMF said Thursday.
First Deputy Managing Director Stanley Fischer told a news conference that East Timor, which has descended into bloodshed and violence after a referendum on independence, was a problem for the entire international community.
``It will inevitably be taken into account by our membership,' he said.
But Fischer said the IMF was also worried about economic issues, especially a scandal surrounding the finances and the audit of Indonesia's Bank Bali .(cont)
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