ad info




 
ASIANOW
  MAIN PAGE myCNN | Video | Audio | Headline News Brief | Free E-mail | Feedback
 WORLD
 ASIA NOW
   east asia
   southeast asia
   south asia
   central asia
   australasia
 TIME ASIA
 ASIAWEEK
 BIZ ASIA
 SPORTS ASIA
 SHOWBIZ ASIA
 ASIA WEATHER
 TRAVEL ASIA
 U.S.
 LOCAL
 POLITICS
 WEATHER
 BUSINESS
 SPORTS
 TECHNOLOGY
 SPACE
 HEALTH
 ENTERTAINMENT
 BOOKS
 TRAVEL
 FOOD
 STYLE
 NATURE
 IN-DEPTH
 ANALYSIS
 myCNN

 Headline News brief
 news quiz
 daily almanac

  MULTIMEDIA:
 video
 video archive
 audio
 multimedia showcase
 more services

  E-MAIL:
Subscribe to one of our news e-mail lists.
Enter your address:
Or:
Get a free e-mail account

 DISCUSSION:
 message boards
 chat
 feedback

  CNN WEB SITES:
CNN Websites
 AsiaNow
 En Español
 Em Português
 Svenska
 Norge
 Danmark
 Italian

 FASTER ACCESS:
 europe
 japan

 TIME INC. SITES:
 CNN NETWORKS:
Networks image
 more networks
 transcripts

 SITE INFO:
 help
 contents
 search
 ad info
 jobs

 WEB SERVICES:


 


Chronology of Indonesian crisis

October 20, 1999
Web posted at: 9:57 p.m. HKT (1357 GMT)

JAKARTA, Indonesia (Reuters) -- Following is a chronology of the financial and social crisis that has swept Indonesia:

1997

July: The Asian currency meltdown hits Indonesian rupiah, which is about 2,400 to the dollar when crisis starts.

October 31: IMF announces $40 billion aid package in return for economic reforms. It is later increased to over $45 billion.

1998

  MESSAGE BOARD
Indonesia and East Timor

 
  ALSO
 
 VIDEO
VideoCNN's Maria Ressa shows the turbulent 24 hours leading up to Wahid's election (October 20)
Windows Media 28K 80K

VideoIndonesia's economy is going through a difficult time -- Correspondent Alan Buchnea explains what the new president faces (October 20)
Real 28K 80K
Windows Media 28K 80K

VideoCNN's Maria Ressa maps the political fallout (October 19)
Real 28K 80K
Windows Media 28K 80K
 

January 22: The rupiah hits 17,000 against the dollar. The IMF deal shows no sign of working and hints President Suharto protege, Research and Technology Minister B.J. Habibie, may be next vice president.

February 12: Suharto appoints loyalist General Wiranto as new armed forces commander.

March 10: Suharto re-elected to a seventh five-year term with Habibie as vice president.

May 4: Fuel prices are increased by up to 71 percent. Three days of riots follow in Medan, Sumatra. At least six die.

May 9: Suharto leaves for a week-long visit to Egypt.

May 12: Troops shoot four students dead at Jakarta protest.

May 13-14: Rioting spreads throughout Jakarta. Estimated 1,200 people die in two days. When Suharto returns from Egypt, he faces a flood of calls to resign.

May 21: Suharto resigns, hands power to Habibie.

May 22: Habibie names his Cabinet, including many Suharto ministers but dumps Suharto's daughter and family friends.

June 1: Habibie says the government will investigate alleged corruption during Suharto's rule. Protests demanding Suharto go on trial for corruption become commonplace in next few months.

June 17: The rupiah again hits 17,000 against the dollar.

September 21: Suharto questioned at home over his wealth, subsequently questioned several times.

September 24: Paris Club reschedules $4.2 billion of sovereign debt. Annual inflation at 82.4 percent in September.

September 29: Jakarta launches bank recapitalization scheme.

November 9:The armed forces says it is prepared to water down its political role -- a key student demand.

November 10: Special session of the People's Consultative Assembly (MPR) begins to discuss election and political reforms.

November 12-13: Students and police clash near parliament, capping a week of violence in which at least 11 die in Jakarta.

November 22: Ethnic Ambonese Christians clash with Muslims in Jakarta's Chinatown, leaving at least 13 dead.

1999

January 3: At least 25 killed in several days of unrest in Aceh. Unrest in other areas follows, continues throughout 1999.

January 19: Christian-Muslim fighting erupts in Ambon, goes on for months, kills hundreds in and around eastern island.

January 27: Jakarta says it may give East Timor independence.

January 28: Parliament passes reforms ahead of June election, approves new parties, cuts military presence in parliament.

February 10: East Timor resistance leader Xanana Gusmao moved from prison to house arrest in Jakarta. Indonesia later announces plans to free him. In East Timor, anti-independence forces are starting to organize themselves into armed militia.

March 13: Government closes 38 insolvent banks.

March 18-26: Ethnic violence between indigenous people and migrants engulfs Borneo's Sambas region, at least 176 die.

April 17: East Timorese militia kill dozens in a rampage of violence against pro-independence leaders in Dili.

May 3: Indonesian security forces shoot unarmed protesters in Aceh province, kill 42. Upsurge of violence there follows.

May 5: Indonesia and Portugal sign agreement in New York for U.N.-run referendum on East Timor's future status.

May 19: Campaign starts for June parliamentary election, campaign period largely peaceful, but security is tight.

June 7: Indonesia holds first democratic election since 1955, generally deemed a success, widely boycotted in Aceh amid loud calls there for a referendum on province's future status.

July 20: Suharto hospitalized after a stroke.

August 3: Habibie declares result of election valid, ending months of delays in count. Megawati Sukarnoputri's party wins.

August 6: Finance Minister Bambang Subianto admits there were irregularities in loan-recovery deal involving PT Bank Bali. Scandal ultimately implicates members of Habibie's inner circle and prompts IMF and World Bank to suspend loans.

August 30: East Timor votes on future status after two delays to referendum and violence during campaigning.

September 4: U.N. announces East Timorese overwhelmingly rejected Indonesian rule in vote. The announcement triggers wave of killings, most foreigners flee territory, martial law imposed but Indonesian security forces widely accused of complicity.

September 7: Indonesia frees East Timor resistance leader Xanana Gusmao. He later leaves the country.

September 15: U.N. approves Australian-led multinational force for East Timor, triggering series of angry protests and attacks on Australian interests in Indonesia

September 20: U.N. force lands in East Timor

September 23-24: Violent protests near parliament after military rushes controversial security law through outgoing assembly, at least seven die. Government delays implementation of law.

October 1: Indonesia announces seventh month of deflation, with annual inflation down to a mere 1.25 percent.

October 1: People's Consultative Assembly (MPR), Indonesia's top legislature, opens session which will elect new president. Top Suharto opponent Amien Rais later elected to speakership.

October 2: Election set for October 20. Habibie, Megawati, Abdurrahman Wahid main candidates. Megawati tops opinion polls.

October 11: Corruption probe into Suharto charities dropped

October 13: Habibie names military chief Wiranto as running mate

October 14: Habibie gives speech accounting for actions of his presidency. Cites control of inflation as key achievement. Several factions of lawmakers urge rejection. More violent protests during and after speech.

On same day corruption case against Suharto's youngest son, the only member of the former first family to be prosecuted, is dropped by a Jakarta court.

October 18: Wiranto declines to be Habibie's running mate.

October 20: The People's Consultative Assembly elects Wahid president ahead of Megawati. Habibie quit the presidential contest moments before the vote.

ASIANOW


RELATED STORIES:
Habibie withdraws from Indonesia's presidential race
October 19, 1999
White-collar workers in Jakarta join anti-Habibie chorus
October 18, 1999
Indonesia Habibie eyes defeat as assembly meets
October 18, 1999
Indonesian leader pleads with lawmakers for his job
October 17, 1999
Indonesian President Habibie names general as running mate
October 13, 1999

RELATED SITES:
United Nations Home Page
Indonesian National Commission on Human Rights
Indonesian Embassy
  • Government of Indonesia
  • Facts about Indonesia
World-Wide Web Virtual Library: Indonesia
See related sites about Southeast Asia
Southeast Asian media sites

Note: Pages will open in a new browser window
External sites are not endorsed by CNN Interactive.
   LATEST HEADLINES:


WASHINGTON
U.S. secretary of state says China should be 'tolerant'

MANILA
Philippine government denies Estrada's claim to presidency

ALLAHABAD
Faith, madness, magic mix at sacred Hindu festival

COLOMBO
Land mine explosion kills 11 Sri Lankan soldiers

TOKYO
Japan claims StarLink found in U.S. corn sample

BANGKOK
Thai party announces first coalition partner



TIME:

COVER: President Joseph Estrada gives in to the chanting crowds on the streets of Manila and agrees to make room for his Vice President

THAILAND: Twin teenage warriors turn themselves in to Bangkok officials

CHINA: Despite official vilification, hip Chinese dig Lamaist culture

PHOTO ESSAY: Estrada Calls Snap Election

WEB-ONLY INTERVIEW: Jimmy Lai on feeling lucky -- and why he's committed to the island state



ASIAWEEK:

COVER: The DoCoMo generation - Japan's leading mobile phone company goes global

Bandwidth Boom: Racing to wire - how underseas cable systems may yet fall short

TAIWAN: Party intrigues add to Chen Shui-bian's woes

JAPAN: Japan's ruling party crushes a rebel at a cost

SINGAPORE: Singaporeans need to have more babies. But success breeds selfishness


Launch CNN's Desktop Ticker and get the latest news, delivered right on your desktop!

Today on CNN
SEARCH CNN.com
Enter keyword(s)   go    help

Back to the top   © 2001 Cable News Network. All Rights Reserved.
Terms under which this service is provided to you.
Read our privacy guidelines.