SHEET COUNTRY
REPUBLIC OF INDONESIA
| No. 10, 1966 | THE INTERNATIONAL MONETARY FUND. (INTERNATIONAL MONETARY FUND) AND THE INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT (THE INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT). THE WITHDRAWAL OF THE REPUBLIC OF INDONESIA. MEMBERSHIP. (An explanation in the Additional Gazette of the Republic of Indonesia No. 2798) |
CONSTITUTION OF THE REPUBLIC OF INDONESIA
No. 1 YEAR 1966
ABOUT
THE WITHDRAWAL OF THE REPUBLIC OF INDONESIA FROM MEMBERSHIP OF THE FUND
INTERNATIONAL MONETARY FUND (INTERNATIONAL MONETARY FUND) AND
INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT
(INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT)
PRESIDENT OF THE REPUBLIC OF INDONESIA,
.,, weighed: a. That with the increasing revolutionary and militant struggles of the Indonesians needs immediate action, especially in the field of international relations, which further guarantees the success of the Indonesian political and economic confrontation. Neo-colonialism projects and imperialism;
., b. that in carrying out the politics of standing on its own feet, it needs to be immediately decided on all Indonesian relations and ties with all the capital and international bodies that impede the struggle of the people of Indonesia toward the fair and prosperous society. free from all forms of histing;
., c. that the International Monetary Fund (International Monetary Fund) and the International Bank for Reconstruction and Development (International Bank for Reconstruction and Development), in which Indonesia has been its member since 1953, It turns out to be a capital concentration of neo-colonialists and imperialists who put their interest in the members of its members which included newly independent and undeveloped countries;
., d. that being connected to it, also as a congruency from the outside of Indonesia from the United Nations, which also turns out to be only a body only being used by the political manipulation of the imperialist countries, Indonesia does not see the use of it to remain a member of both bodies;
.,, Given: 1. Section 5 paragraph 1, section 20 paragraph 1 and section 33 of the Basic Law;
., 2. The Decree of the Provisional People's Consultative Assembly. I/MPRS/1960, No. II/MPRS/1960 and No. VI/MPRS/1965;
., 3. Law No. 5 of 1954 (State Sheet of 1954 No. 16, Additional Sheet States No. 515) on the Membership of the Republic of Indonesia on the International Monetary Fund (International Monetary Fund) and the International Bank for Reconstruction and the International Monetary Fund (IMF). Construction of (International Bank for Reconstruction and Development);
., 4. Safeguards at P.Y.M. President/Grand Leader of the Revolution:;
., a., a. "Building the World Back" on September 30, 1960;
., b. "The Era of Confrontation" dated October 6, 1964;
., c. "Indonesia Outside of P.B.B." on December 31, 1964;
., d. "With Hijrah from P.B.B. finally Indonesia will Win" on 20 January 1965;
., e. "Berdikari" on April 11, 1965;
., f. "Takari" on August 17, 1965;
. .5. Declaration of "Indonesia To the Outside of P.B.B." by the Supreme Advisory Council on January 19, 1965;
With the approval of the People ' s Representative Council Gotong Royong
DECIDED:
., ESTABLISHING: THE LEGISLATION ON THE WITHDRAWAL OF THE REPUBLIC OF INDONESIA FROM MEMBERSHIP OF THE INTERNATIONAL MONETARY FUND (INTERNATIONAL MONETARY FUND) AND THE INTERNATIONAL BANK FOR RECONSTRUCTION AND CONSTRUCTION (INTERNATIONAL BANK FOR "RECONSTRUCTION AND DEVELOPMENT".
Section 1
.,, (1) The Republic of Indonesia withdrew from membership of the International Monetary Fund and the International Bank for Reconstruction and Development from 17 August 1965.
., (2) Law No. 5 of 1954 on the membership of the Republic of Indonesia on the International Monetary Fund and the International Bank for Reconstruction and Development with this repealed.
Section 2
The Minister of the Coordinating Compartments of Foreign Affairs/Foreign Affairs and Foreign Economic Relations is given the power to declare on the withdrawal of the Republic of Indonesia from the membership of the two Bodies in chapter 1 of the paragraph (1) above.
Section 3
.,, (1) The Coordinating Minister of the Financial Compartment is given the power to resolve financial issues related to the withdrawal of the Republic of Indonesia from both Bodies above.
., (2) In carrying out its duties as such in paragraph 1 of this section (3), the Coordinating Minister of Finance is assisted by the Minister of Central Bank Affairs.
Section 4
The Bank of Indonesia acts as the governing body of the resolution of financial problems related to the withdrawal of the Republic of Indonesia from both bodies.
Section 5
The law came into effect on the day of the promulgations and had its power receding until 17 August 1965.
In order for everyone to be able to find out ordering this Act with the placement in the State Sheet of the Republic of Indonesia.
.,, Dislocated in Jakarta
on February 14, 1966
PRESIDENT OF THE REPUBLIC OF INDONESIA,
SUKARNO.
Promulgated in Jakarta
on February 14, 1966
SECRETARY OF STATE,
The MOHD. ICHSAN.
ADDITIONAL
STATE SHEET RI
| No. 2798 | (Explanation Of 1966 State Sheet Number 10) |
EXPLANATION
Above
STATUTE NO. 1 YEAR 1966
ABOUT
THE WITHDRAWAL OF THE REPUBLIC OF INDONESIA FROM MEMBERSHIP OF THE FUND
INTERNATIONAL MONETARY FUND (INTERNATIONAL MONETARY FUND) AND
INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT
(INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT)
UMUM.
.,, as it was known to the general public in the United Nations Monetary and Financial Conperence in Bretoon Woods (United States) held between July 1, 1944 and July 22, 1944 has been reached what is called "The Breton Agreement". "Woods". The agreement, which was signed by 44 countries, established two international bodies, was the International Monetary Fund (International Monetary Fund) and the International Bank for Reconstruction and Development (International Bank). For Reconstruction and Development).
.,, the underlying purpose of this Fund as listed in its statuary is the stabilization of the currency exchange rate of the member states, the expansion of international trade, the decline in the tariff of bea-customs, the abolition of the beranglily restrictions.
., the goal of the Bank is to provide long-term assistance to members in order to conduct reconstruction of its production due to the destruction of warfare or to hold economic development to raise the prosperity of its people.
.,, Indonesia, driven by a great desire to declare its willingness to hold international cooperation, on July 24, 1950 submitted a request to become a member of the Fund and the Bank. Only three years later, in mid-1953 Indonesia was accepted as a member of the two bodies, which membership was subsequently passed with Law No. 5 of 1954 dated 13 January 1954.
., but the experience of Indonesia since entering into a member until this time that has been running for more than 12 years has turned out to be a no-use, even detriing to the interests of our country and our nation in realizing its ideals, To build a society that is fair and prosperous based on Pancasila.
., Indonesia ' s relationship with the International Bank of malahan is more detriable to us. If we investigate the organization and practices that are being run all these years, especially against developing countries, it's clear that these two bodies are just a tool of capitalists to run politics. The neocolonialism and its imprialism and thus do not correspond to the Berdikari idee.
.,, the practices that we experienced clearly show that these groups are only willing to give their help if these actions are aligned and misused for their benefit. Our experience suggests that in the nature of these two bodies it is not much different from the United Nations, which is merely a tool of neocolonialism and imperialism to exercise its political manipulation. Even in these two bodies, the dominance of this capitalist group can be said to be absolute either in terms of politics, capital, personnel, whether it is the leader or the administration of its organization.
., in conjunction with that, then for us the Republic of Indonesia, there is no point in keeping our membership in both of those bodies. We have proven to the entire world of Indonesia's willingness to always hold international cooperation on the basis of the soul of the Berdikari, which means equal degrees and mutual benefit. We believe, and believe, that the nation and nation of Indonesia by armed with Panca Sila, Manipol and Tri Sakti Tavip will be able to run the politics of Berdikari with consequent and with it will reach a new world full of justice, Prosperity and joy.
EXPLANATION OF THE SECTION BY SECTION.
Section 1
.,, pretty clear.
Section 2
.,, Coordinating Minister for Foreign Affairs/Minister for Foreign Affairs and Foreign Economic Relations given the power to on behalf of the Government informed the International Monetary Fund and the International Bank for Reconstruction and Development about the decision of Indonesia ' s withdrawal from both of these Bodies.
Section 3
., within the Articles of Agreement of the Fund and the International Bank against the articles governing the resignation or withdrawal of its members. In this order the Coordinating Minister of the Financial Compartment with the assistance of the Minister of Central Bank Affairs would resolve with both bodies financial problems as a result of Indonesia's withdrawal.
Section 4
.,, pretty clear.
Section 5
.,, pretty clear.
