Economy of Indonesia and the clove monopoly, both involving family members of Suharto. The rupiah remained weak, however, and Suharto was forced to resign in May 1998 after massive riots erupted. In August 1998, Indonesia and the IMF agreed on an Extended Fund Facility (EFF) under President B. J. Habibie that included significant structural reform targets. President Abdurrahman Wahid took office in October 1999, and Indonesia and the IMF signed another EFF in January 2000. The new program also has a range of economic, structural reform, and governance targets. The effects of the crisis were severe. By November 1997, rapid currency depreciation had
National Sports Week (Indonesia) National Sports Week (Indonesia) The National Sports Week (, "PON") is a multi-sport event held every four years in Indonesia. The participants of this event are the athletes from all provinces of Indonesia. The Indonesian Sports Association (ISI) was established in Jakarta in 1938 with the aim of coordinating the existing sports associations including the Football Federation. During the Japanese occupation of Indonesia from 1942 to 1945, sporting activities were coordinated by the Sports Practice Movement. Following the Indonesian Declaration of Independence in 1945, that nation took over the running of its own sport and in January 1946, a conference