Word: suharto
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Given the near-total economic chaos left behind by Sukarno, improvement is bound to be slow. Still, in the 2½ years since President Suharto's government began its stabilization program, real progress has been made. At the moment, says a senior Western diplomat with long experience in Indonesia, "the internal situation is remarkably calm, and to anyone who has known Indonesia over the years, this is simply fantastic." With at least temporary political stability in hand, Suharto's small group of Western-trained economists has managed to balance Indonesia's budget for the first time...
...Suharto and his economists early this spring launched a five-year development plan aimed at more effectively exploiting the nation's huge natural wealth. The plan emphasizes food production, irrigation, rehabilitation of the infrastructure and land-sea-air communications. If all goes well, Indonesia will be self-sufficient in rice production by 1974. The government also hopes to persuade 3,000,000 women to adopt birth-control methods. Exports, worth $643 million last year, are important in the country's growth plans. By 1974, Indonesia hopes to raise its export of primary commodities such as oil, rubber...
Many Economies. For all the successes of Suharto's technocrats, Indonesia's persisting problems are staggering. Unless the benefits of stabilization filter down to the masses soon, political problems may surface again. The new five-year plan is dependent in part on foreign aid, which totals $500 million this year, $208 million of that from the U.S. A drop in assistance could cripple the plan. So could a bad harvest. The bureaucracy remains often corrupt, inefficient and underemployed, and civil service reform is a long way off. The nation's Chinese minority (about...
...Singapore's famed Raffles Hotel, tour members lunched with Prime Minister Lee Kuan Yew, who warned against a precipitate withdrawal of U.S. troops from Viet Nam. At week's end the travelers jetted off to Indonesia for conferences with President Suharto and Foreign Minister Adam Malik. Visits to South Korea and Japan lay ahead before they crossed the international dateline on the trip home...
...Indonesia, other rioters seized on the fact that Singapore's population is mostly Chinese and staged rampages through Chinese sections, burning cars and shops. The two marines were given a state funeral in Djakarta. Last week tempers had begun to cool. Foreign Minister Adam Malik, backed by President Suharto, made it completely clear that there would be no break in relations. In a further attempt to hold ASEAN on course, he offered his nation's help in mediating the Sabah dispute...