Memory from West Jakarta, Indonesia
FM-DWNFF3
West Jakar..., Indonesia
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"two informational plaques on a red wall" by FM-DWNFF3, licensed under CC BY 4.0
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Memory Details and Interactions

two informational plaques on a red wall

West JakartaIndonesia

two informational plaques on a red wall. The plaques are about the Indonesian government’s decision to liquidate sixteen private national banks on November 1, 1997, as a means to prevent further deterioration in the banking sector from further deterioration, and to cover public savings, which would be reimbursed by the sales of assets of the liquidated banks later on. The plaque on the left is in Indonesian and English, while the plaque on the right is in Indonesian and English. The location is in West Jakarta, Indonesia, at the coordinates -6.138 latitude, 106.815 longitude.

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