Indonesia announce a US$1 billion loan aid which has drawn strong criticism in at home.
Jakarta (ANTARA News) - Executive director of the International Monetary Fund (IMF) Christhine Lagarde met President Susilo Bambang Yudhoyono at the presidential palace here on Tuesday.

Lagarde, on a three-day visit ending today, was accompanied by a number of other IMF leaders including Asia Pacific director Anoop Singh and senior representative of IMF for Indonesia Milan Zavadjil.

The Yudhoyono-Lagarde meeting came following the recent meeting in Los Cabos, Mexico of the G-20 countries which pledged assistance to cope with the European crisis.

Indonesia announce a US$1 billion loan aid which has drawn strong criticism in at home.

The loan is to be provided via the IMF, which said it needs US$430 billion to forestall the European crisis.

Lagarde already had a meeting earlier with Vice President Boediono discussing global economic issue and Indonesian economic condition.

"No discussion on money . We talked about fiscal issue and global slowdown . We already met before and we share the same view on the present economic condition," she said.
(AS)

Editor: Ella Syafputri
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