Article

2003-01-11 Southeast Asia

Indonesia: Muslims protest hikes, urge govt to quit IMF, impose Shariah

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Posted by Fred Pruitt 2003-01-11 01:01 pm|| || Front Page|| [2 views since 2007-05-07] Top

#1 The problem is, they're right as far as the IMF is concerned. The IMF suggested, and Indonesia complied, with raising the prices on government controlled energy and telephone products and services. I believe this is in lieu of a tax increase but since these industries are state-run, it's the same thing. Nearly every IMF 'reform' offered to countries that are in debt to them include two things: 1) massive tax increases and 2) a currency devaluation. If and when the latter happens, all freakin' hell will break loose with the Jihadis.

Posted by Raj 2003-01-11 13:51:32|| [angrycyclist.blogspot.com] 2003-01-11 13:51:32|| Front Page Top

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