The International Monetary Fund (IMF) has backed plans to reschedule Indonesia's foreign debts worth 2.1 billion U.S. dollars. Please note that this year the government of Indonesia has to pay foreign debt of 2.1 billion U.S. dollars to the donor countries, because it was due. However, domestic economic conditions that have not recovered from the economic crises caused the government of Indonesia asked for rescheduling of foreign debt maturing this year. And requests for rescheduling of foreign debt will be on the agenda meetings with donor countries in Paris Club II, which took place on 12-13 April in Paris, France (see Kompas, 11/4/2000).
A number of donor countries has objected to the reschedule Indonesia's foreign debt because they assess Indonesia can not afford to keep the items of Letter of Intent (LoI) made between the governments of Indonesia and the IMF in late January. This then triggers the attitude of the IMF to postpone disbursement of funds of 400 million U.S. dollars and decided to send a review team to Jakarta, he repeated in the second half of April. IMF threat makes the government of Indonesia-which has been addicted to foreign debt-like fire beard, to the extent that Gus Dur expressed disappointment at the performance of his ministers who deal directly with the economy.
The problem is that until when we are caught in a puddle utangan abroad made by the IMF, and how the Muslims to break away from foreign debt trap?
Facts of Foreign Debt
RI government's request to reschedule its external debt to remind us of the reality of the magnitude of Indonesia's foreign debt and a big danger for the economy as a whole. Indonesia's foreign debt accumulation at this time has reached 150 billion U.S. dollars fantastic! If the debt is parceled out to each of Indonesia's population, each person-including newborn babies-will bear the foreign debt amounted to U $ 750 dollars (equivalent to Rp.5.625.000 when the exchange rate 1 dollar = Rp.7500). The amount is much higher than the income per capita of population (GNP) of Indonesia in the year.
If the foreign debt was only complementary - even in the state budget in 2000 drawn up Gus Dur's government deliberately not included in income, then why for nearly 35 years, the government is always looking for a loan to the donor countries, both incorporated in the CGI , IMF, and World Bank? And why every year the number of Indonesia's foreign debt increased cumulatively? In fact, to pay the interest alone is far greater than the amount owed each year. It was seen from the state budget in 2000, where Gus Dur's government must pay debt interest expense amounting to Rp. 58.9 trillion (including interest on bank recapitalization).
If so, is not the foreign debt burden has become unable to bear anymore by the Indonesian government, and it appears that the request rescheduling of foreign debt maturing this year despite 'only' U $ 2.1 billion dollars. Though the amount of our foreign debt of about U $ 150 billion dollars. Then who are burdened to pay the debt was so great? No other back to the people that in fact is the Muslims. The proof post-taxation revenue that would ultimately be paid by the society-in the 2000 state budget amounting to Rp. 97.78 trillion of the total revenue budget of Rp. 137.69 trillion, or more than 70% of state budget revenues derived from taxes. And the object is to tax the people!
More woe again if we do not have a practical solution to get out of debt trap that is installed by Western countries through the IMF, and fully comply with the directives of the IMF. The IMF is demanding the government to cut subsidies on fuel, electricity, water utilities, etc. which obviously is needed the people. The IMF also determines the bank recapitalization program that spends money hundreds of trillions of dollars only to financial institutions, not to the people. The IMF also plays an active role in economic and trade deregulation, privatization of state owned enterprises that result in the collapse of public enterprises owned by the government into foreign hands. Not to mention the insistence of the IMF who disagree with the system of the exchange rate with foreign currency-peg in a (set at a specific exchange rate) and floating, which causes the collapse of the rupiah in the presence of foreign currency. After we experienced a very severe economic disaster because of the recipes that we just swallow the IMF, World Bank and other international financial institutions, then masihkah we believe in these financial institutions? Did not realize the great dangers of this nation's foreign debt is deliberately set up to ensnare slowly the Muslims?
Engineering kaafir countries through the IMF
Indeed, everyone who saw and the fact the foreign debt, there are at least four major dangers that are clearly visible, among others:
Debt given Capitalist Infidel countries to poor countries-including the Muslim countries like Indonesia, in essence is one way in which they are to economically colonize the debtor countries, which have abundant natural resources.
Before the debt is given, donor countries are capitalistic-it-to give weight to the terms of debtor countries to determine the capacity and capability debtor nation by sending economic experts to spy on the secret strengths / weaknesses of these economies, with assistance under the pretext of technical consultants, or review the program. Even the IMF team had negotiated with the Indonesian government intervened a few days ago much to be able to schedule the inauguration of the Director General. And it shows in the updated time schedule to realize the LoI is not met its target until end of March.
Given foreign debt is basically a political weapon Capitalist Infidel countries led by the U.S. against the Muslim countries to impose political and economic policies over the Muslims. Here we can see clearly that their goal to provide debt is not helping other countries, but to achieve benefit, and benefit their own interests. They have made the debtor countries as a fertile land where they grow crops. While we as land owners, it became sharecroppers who are paid very low, and even by installments.
Foreign debt is actually very debilitating and dangerous debtor nation, especially the debt-short term debt. Please note that the debt is paid by us to them in the form of dollars. The fall of the rupiah exchange rate against foreign currencies has led to increasingly heavy burden of debt payments, because the depreciation of the rupiah against the dollar. In other words, although we do not berutangpun this year, the burden of debt to be paid the greater the interest not only because of the collapsed value of the debt but the debtor country's currency against foreign currency.
Based on these facts it is clear that there are hidden dangers behind Indonesia's dependence on foreign debt. U.S. in this regard that control the International noted that financial institutions like the IMF and World Bank with a very easy to destroy the economies of countries of the Muslims. Next to impose political and economic interests of the countries of the Muslims. For they are very easy to beat the existing rulers in Muslim countries, which so far has acted zhalim upon the Muslims-and then put it as the guards loyal to the interests of capitalist infidel countries, although with abandon and destroy the Muslims. their guards loyal to rebel kenegara infidel countries, then they will replace it by force with a variety of ways. Do not we see the fall of Soeharto's case, shortly after the IMF and World Bank bankrupted Indonesia through the financial crisis that forced Suharto's resignation!
End Relationship with IMF
Once we see and feel themselves so much misery caused by the IMF and World Bank, and the submissive attitude of authorities against the infidel Western nations led by the U.S. through Her International financial institutions, then masihkah the Muslims do not want to take lessons from the U.S. greed countries and other Western infidels who are never satisfied to rule a Muslim country that is rich with natural resources and of their ore, and ensnare us with foreign debts? It is ironic that still exist among us who would shout for joy obtain the proffered their debt!
Are we, O people of understanding, do not pay attention to how the U.S. and western countries heathen through His World Bank and IMF pressure and impose their interests and ideology upon us by linking foreign debt with the issues of human rights, democratization, Openness, Reform, Environment life, labor, etc., which actually has nothing to do at all with the foreign debt?
It was very strange magic bin, a Muslim country that is extremely rich with natural resources and of their ore, but the Muslims poor and begging on the infidel Western nations that have no natural resources and mining commodities as much as Islamic countries. Moreover now the infidels had been humiliated by Allah SWT, which is not feasible to master and lead a noble Ummah, the best people, namely Muslims. Do not we pay attention, O Muslims, because of the strangeness and singularity that is not applied the system of government, politics and economy that emerged from the Aqeedah of Islam and the Muslim faith in Allah and His Messenger. In fact the rulers of the Muslims in cooperation with the countries of Western imperialist colonialist implement and enforce the system of government, politics, and capitalist economy that emerged from aqidah secularism of Western nations that are clearly contrary to Islam! Plus corrupt and weak rulers led to the wealth enjoyed by a few people, even most of it sucked out by western countries infidel invaders who manipulate living systems that are imposed on the Muslims.
Once clear of all that, masihkah any of these people who want to keep their relationship with the IMF?
A number of donor countries has objected to the reschedule Indonesia's foreign debt because they assess Indonesia can not afford to keep the items of Letter of Intent (LoI) made between the governments of Indonesia and the IMF in late January. This then triggers the attitude of the IMF to postpone disbursement of funds of 400 million U.S. dollars and decided to send a review team to Jakarta, he repeated in the second half of April. IMF threat makes the government of Indonesia-which has been addicted to foreign debt-like fire beard, to the extent that Gus Dur expressed disappointment at the performance of his ministers who deal directly with the economy.
The problem is that until when we are caught in a puddle utangan abroad made by the IMF, and how the Muslims to break away from foreign debt trap?
Facts of Foreign Debt
RI government's request to reschedule its external debt to remind us of the reality of the magnitude of Indonesia's foreign debt and a big danger for the economy as a whole. Indonesia's foreign debt accumulation at this time has reached 150 billion U.S. dollars fantastic! If the debt is parceled out to each of Indonesia's population, each person-including newborn babies-will bear the foreign debt amounted to U $ 750 dollars (equivalent to Rp.5.625.000 when the exchange rate 1 dollar = Rp.7500). The amount is much higher than the income per capita of population (GNP) of Indonesia in the year.
If the foreign debt was only complementary - even in the state budget in 2000 drawn up Gus Dur's government deliberately not included in income, then why for nearly 35 years, the government is always looking for a loan to the donor countries, both incorporated in the CGI , IMF, and World Bank? And why every year the number of Indonesia's foreign debt increased cumulatively? In fact, to pay the interest alone is far greater than the amount owed each year. It was seen from the state budget in 2000, where Gus Dur's government must pay debt interest expense amounting to Rp. 58.9 trillion (including interest on bank recapitalization).
If so, is not the foreign debt burden has become unable to bear anymore by the Indonesian government, and it appears that the request rescheduling of foreign debt maturing this year despite 'only' U $ 2.1 billion dollars. Though the amount of our foreign debt of about U $ 150 billion dollars. Then who are burdened to pay the debt was so great? No other back to the people that in fact is the Muslims. The proof post-taxation revenue that would ultimately be paid by the society-in the 2000 state budget amounting to Rp. 97.78 trillion of the total revenue budget of Rp. 137.69 trillion, or more than 70% of state budget revenues derived from taxes. And the object is to tax the people!
More woe again if we do not have a practical solution to get out of debt trap that is installed by Western countries through the IMF, and fully comply with the directives of the IMF. The IMF is demanding the government to cut subsidies on fuel, electricity, water utilities, etc. which obviously is needed the people. The IMF also determines the bank recapitalization program that spends money hundreds of trillions of dollars only to financial institutions, not to the people. The IMF also plays an active role in economic and trade deregulation, privatization of state owned enterprises that result in the collapse of public enterprises owned by the government into foreign hands. Not to mention the insistence of the IMF who disagree with the system of the exchange rate with foreign currency-peg in a (set at a specific exchange rate) and floating, which causes the collapse of the rupiah in the presence of foreign currency. After we experienced a very severe economic disaster because of the recipes that we just swallow the IMF, World Bank and other international financial institutions, then masihkah we believe in these financial institutions? Did not realize the great dangers of this nation's foreign debt is deliberately set up to ensnare slowly the Muslims?
Engineering kaafir countries through the IMF
Indeed, everyone who saw and the fact the foreign debt, there are at least four major dangers that are clearly visible, among others:
Debt given Capitalist Infidel countries to poor countries-including the Muslim countries like Indonesia, in essence is one way in which they are to economically colonize the debtor countries, which have abundant natural resources.
Before the debt is given, donor countries are capitalistic-it-to give weight to the terms of debtor countries to determine the capacity and capability debtor nation by sending economic experts to spy on the secret strengths / weaknesses of these economies, with assistance under the pretext of technical consultants, or review the program. Even the IMF team had negotiated with the Indonesian government intervened a few days ago much to be able to schedule the inauguration of the Director General. And it shows in the updated time schedule to realize the LoI is not met its target until end of March.
Given foreign debt is basically a political weapon Capitalist Infidel countries led by the U.S. against the Muslim countries to impose political and economic policies over the Muslims. Here we can see clearly that their goal to provide debt is not helping other countries, but to achieve benefit, and benefit their own interests. They have made the debtor countries as a fertile land where they grow crops. While we as land owners, it became sharecroppers who are paid very low, and even by installments.
Foreign debt is actually very debilitating and dangerous debtor nation, especially the debt-short term debt. Please note that the debt is paid by us to them in the form of dollars. The fall of the rupiah exchange rate against foreign currencies has led to increasingly heavy burden of debt payments, because the depreciation of the rupiah against the dollar. In other words, although we do not berutangpun this year, the burden of debt to be paid the greater the interest not only because of the collapsed value of the debt but the debtor country's currency against foreign currency.
Based on these facts it is clear that there are hidden dangers behind Indonesia's dependence on foreign debt. U.S. in this regard that control the International noted that financial institutions like the IMF and World Bank with a very easy to destroy the economies of countries of the Muslims. Next to impose political and economic interests of the countries of the Muslims. For they are very easy to beat the existing rulers in Muslim countries, which so far has acted zhalim upon the Muslims-and then put it as the guards loyal to the interests of capitalist infidel countries, although with abandon and destroy the Muslims. their guards loyal to rebel kenegara infidel countries, then they will replace it by force with a variety of ways. Do not we see the fall of Soeharto's case, shortly after the IMF and World Bank bankrupted Indonesia through the financial crisis that forced Suharto's resignation!
End Relationship with IMF
Once we see and feel themselves so much misery caused by the IMF and World Bank, and the submissive attitude of authorities against the infidel Western nations led by the U.S. through Her International financial institutions, then masihkah the Muslims do not want to take lessons from the U.S. greed countries and other Western infidels who are never satisfied to rule a Muslim country that is rich with natural resources and of their ore, and ensnare us with foreign debts? It is ironic that still exist among us who would shout for joy obtain the proffered their debt!
Are we, O people of understanding, do not pay attention to how the U.S. and western countries heathen through His World Bank and IMF pressure and impose their interests and ideology upon us by linking foreign debt with the issues of human rights, democratization, Openness, Reform, Environment life, labor, etc., which actually has nothing to do at all with the foreign debt?
It was very strange magic bin, a Muslim country that is extremely rich with natural resources and of their ore, but the Muslims poor and begging on the infidel Western nations that have no natural resources and mining commodities as much as Islamic countries. Moreover now the infidels had been humiliated by Allah SWT, which is not feasible to master and lead a noble Ummah, the best people, namely Muslims. Do not we pay attention, O Muslims, because of the strangeness and singularity that is not applied the system of government, politics and economy that emerged from the Aqeedah of Islam and the Muslim faith in Allah and His Messenger. In fact the rulers of the Muslims in cooperation with the countries of Western imperialist colonialist implement and enforce the system of government, politics, and capitalist economy that emerged from aqidah secularism of Western nations that are clearly contrary to Islam! Plus corrupt and weak rulers led to the wealth enjoyed by a few people, even most of it sucked out by western countries infidel invaders who manipulate living systems that are imposed on the Muslims.
Once clear of all that, masihkah any of these people who want to keep their relationship with the IMF?
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