Economy & debt

Down to Earth No. 72 March 2007

CGI creditor group disbanded

Indonesia's creditor group, the Consultative Group on Indonesia, has been disbanded after President Susilo Bambang Yudhoyono said it was no longer needed. The January announcement was officially welcomed the World Bank, former CGI chair and one of Indonesia's three main creditors alongside the Asian Development Bank and Japan.

Down to Earth No. 72 March 2007

Two significant changes to national regulations on mining are due to affect the mining industry in Indonesia. The mining minister, Simon Sembiring, said recently that the Indonesian government was intending to approve laws to ensure that more of the mineral resources mined in Indonesia will be processed within Indonesia rather than be shipped abroad. As well as this, new laws are due to come into force in early 2007 that will strengthen the role of regional governments in assigning and approving mining contracts in their regions.

Down to Earth No 68  February 2006

The following report is based on a DTE staff visit to Aceh in December 2005

Looking over the vast expanse of mudflats that stretched to the horizon, I asked where the village had been. The man pointed towards the sea. Apart from the few ragged remaining coconut palms, it was indistinguishable from the land which had been paddy fields and shrimp ponds.

One year on from the December 26th quake-tsunami disaster and the scale of the reconstruction work needed is all too apparent.

Down to Earth No 68   February 2006

Indonesia's Anti-Debt Coalition (KAU) has accused the Indonesian government of lacking any sense of urgency in its post-tsunami reconstruction work. In a statement issued exactly one year after the disaster struck, KAU criticised the government of President Susilo Bambang Yudhoyono for failing to seize opportunities to reduce Indonesia's debt.

Down to Earth No 67  November 2005

Indonesian NGOs are concerned that fuel price rises are increasing poverty, while long term energy plans are failing to encourage alternatives to fossil fuels.

Indonesian politics have been dominated throughout the fasting month of Ramadan by the government policy to reduce fuel subsidies. The move breaks a promise made by SBY that fuel price rises in March would be the last this year. It has sparked weeks of angry protests and is already causing hardship for ordinary people.

Down to Earth No 67  November 2005

A couple of months after the September World Summit 2005, the dust has settled at the UN Headquarters in New York. World leaders have long returned to their capitals, supposedly to do their homework. Meanwhile, activists the world over share their discontent over the outcome of the meeting: their hopes for change have been dashed.

This was the summit that was going to make poverty history.

Down to Earth No 66  August 2005

Flash floods hit southeastern Aceh in late April, killing at least nineteen people and injuring dozens more. The disaster can be linked to the huge demand for reconstruction timber in post-tsunami Aceh.

The floods brought rocks, logs and water crashing down hillsides, completely destroying people's homes late on April 26th, when most villagers were asleep. The villages of Lawe Gerger, Lawe Mengkudu, and Lawe Lak-Lak in Southeast Aceh district, were worst hit.