	indonesia urged to deregulate its economy world bank president barber conable linked increased borrowing by indonesia the third world s sixth largest debtor to fresh measures to deregulate  and dismantle protectionist barriers we would like to see the indonesian government continue the adjustment process to move towards increased deregulation of the economy conable told a press conference at the end of a three day visit to jakarta conable directly linked further bank help for indonesia s hard pressed balance of payments to further measures by the government to reduce protectionism and increase efficiency the world bank last month granted indonesia a mln dlr  adjustment loan he said further loans would depend on the economic policies indonesia adopted but he said that in meetings with both president suharto and leading indonesian ministers he had not called for specific policy changes the initiative will have to rest with the indonesian government we are not here to dictate to them he stated indonesia the only asian member of opec has been badly hit by last year s slump in oil prices which cut its revenues from crude exports in half conable had what he termed a frank meeting this morning with suharto he voiced support for measures already taken including september s pct devaluation of the rupiah and efforts to deregulate imports and stimulate exports the government can rely on the support of the world bank in a continuing program of adjustment to the economic realities of today s world he said the bank has loaned indonesia billion dlrs over the past years lending is now about one billion a year the world bank would probably like to see further dismantling of tarrif barriers and measures to reduce indonesia s protected monopolies in areas like steel plastics and cement western bankers and diplomats said the government has already said it will announce further deregulation measures but has given no timetable it is also considering selling off loss making state companies conable said the bank would try to help indonesia find funds to cover its share of development projects which otherwise would have to be scrapped or postponed japan s ex im bank announced a mln dlr untied credit last month reuter 
