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To: Richnorth who wrote (4715)12/23/1997 9:45:00 PM
From: philv  Read Replies (1) | Respond to of 116753
 
Richnorth: IMF Indonesian Growth Forecast

A couple of days ago the IMF reported "growth" in Indonesia to be a full 2% for the next year. Only Thailand registered a no-growth at zero percent.

In light of your post, how do you square the two?

I have read other reports of idled cranes, highways going nowhere, no traffic, buildings deteriorating in their unfinished state throughout S.E. Asia. And now the IMF wants the people to tighten their belts!

But, the IMF reports positive growth for the region. Go figure!

Phil