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The image shows two signs mounted on a red wall. The signs are made of white paper with black writing and contain Indonesian and English text about the 1997 Indonesian financial crisis. The sign on the left states "27 Oktober 1997" (27 October 1997) and describes the formation of a bank liquidation team. The sign on the right states "21 Oktober 1997" (21 October 1997) and describes the government’s proposal to close seven banks, but the International Monetary Fund (IMF) demanded the closure of more banks. After a series of analyses, it was agreed that sixteen banks were to be immediately liquidated. The signs are mounted on a red wall with a black and grey design. The location of this image is in the city of West Jakarta, Indonesia, at coordinates -6.138 latitude and 106.815 longitude.
FM-DWNFF3

Apr 19, 2025, 8:09 AM

West Jakarta, Indonesia

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The image shows two signs mounted on a red wall. The signs are made of white paper with black writing and contain Indonesian and English text about the 1997 Indonesian financial crisis. The sign on the left states "27 Oktober 1997" (27 October 1997) and describes the formation of a bank liquidation team. The sign on the right states "21 Oktober 1997" (21 October 1997) and describes the government’s proposal to close seven banks, but the International Monetary Fund (IMF) demanded the closure of more banks. After a series of analyses, it was agreed that sixteen banks were to be immediately liquidated. The signs are mounted on a red wall with a black and grey design. The location of this image is in the city of West Jakarta, Indonesia, at coordinates -6.138 latitude and 106.815 longitude.

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FM-DWNFF3

Apr 19, 2025, 8:09 AM

West Jakarta, Indonesia

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