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This paper examines the dynamics of the Indonesian government's debt during the period of 1988-2001, its estimation and the impact on the government budget until 2007, by using the Branson model and the Present Value Constraint for the budget. Based on the evaluation, it can be conluded that after the crisis in 1997-1998, public debt movements tended to be explosive and, consequently, caused th…
The government of Indonesia and various international lenders have recently developed a number of programs and projects for the financing of local capital investments and related support activities in the form of grants and loans to relevant regional government/enterprises. Some of these programs/projects have been agreed upon and become effective. However, implementation has been delayed, part…
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