Indonesia set on sacking central bank board

Indonesia - Indonesia on 21 June insisted on going ahead with the controversial sacking of the central bank board but was prepared to add to a revised law on Bank Indonesia (BI) to ensure its independence.

The issue has become the latest impasse with the International Monetary Fund which has frozen new loans since late last year because of concern over Indonesian economic reforms.

The IMF is worried that by sacking the board - which Jakarta says must be held accountable for billions of dollars