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 Institute of Technology (Indonesia) National Institute of Technology (Indonesia) The National Institute of Technology (, abbreviated as ITENAS), is a private, technology-oriented university located in Bandung, Indonesia. ITENAS was established in 1972 as the National Academy of Technology (, abbreviated as ATENAS) by the Dayang Sumbi Educational Foundation with R. Mansoer Wiratmadja as its first rector. ATENAS originally had four faculties, which focused on Architecture, Civil Engineering, Electrical Engineering, and Mechanical Engineering, respectively. In 1984, ATENAS became the National Institute of Technology, which currently has three faculties, namely the Faculty of Industrial technology, the Faculty of Civil engineering and Planning, and the Faculty of