Word: suharto
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...addition, Whitlain has had amiable, prestige-building conversations with Queen Elizabeth II, Prime Minister Heath of Britain, President Suharto of Indonesia, Prime Minister Gandhi of India, and Pope Paul VI. But there is one notable world leader with whom he continues to lack rapport. Richard Nixon, who could not find time to see Whitlam when he was opposition leader, seems no more eager to meet him as Prime Minister. Possibly still angered by the sniping of Australian Cabinet ministers over the U.S. bombing of Hanoi last December, the President has yet to invite Whitlam to the White House...
Some elected (in a controlled fashion) and some appointed (in an even more controlled fashion), the delegates were essentially of one mind before they convened. But they went through almost two weeks of carefully orchestrated ritual and ceremony before finally reaching their unanimous choice: the incumbent President, General Suharto...
Contrived though the Assembly's vote may have been, there is no doubt that Suharto would win the presidency if he went directly to his people, the fifth-largest national population in the world. For the former farm boy who turned revolutionary has shown considerable administrative ability since he seized power seven years ago from the erratic father of Indonesian independence, President Sukarno. Having saved his country from a threatened Communist coup, Suharto proceeded to rescue it from bankruptcy. His most dramatic achievement was to cut the annual rate of inflation from a staggering...
...Suharto's economic planning board, called BAPPENAS, has secured $3 billion in foreign-government loans, about one-third from the U.S. Over the past five years, private foreign investors have poured in an additional $3.7 billion and set up 575 companies...
...still lacking in capital and skill," President Suharto told TIME Correspondent Roy Rowan. "There are bigger projects to be tackled, like the exploitation of liquefied natural gas. That project alone would require $800 million to $900 million. I will try to improve the apparatus for investment, but in the end everything depends on the willingness of U.S. businessmen to invest here...