Jakarta – Hundreds of students of various universities from Jakarta, Bogor and Bekasi on Tuesday threatened to stage huge rallies if the government was unable to improve the condition of the nation within one month.

The students claimed the rallies they would stage would be similar to the ones which lead to the downfall of then president Soeharto in 1998.

"We demand that the government lowers prices, eradicates corruption, collusion and nepotistic practices, fights against criminals and wipes out all foreign debts," student Muhammad said as was quoted by Antara.

"If the government fails to meet our demands, we will mobilize a greater number of protesters to launch the second stage of the reform movement," Muhammad said.

The students from student bodies of universities in Greater Jakarta, including the University of Indonesia (UI), Muhammadiyah University, Jakarta University and a number of private universities, gathered in front of UI's School of Medicine before marching to the Presidential Palace.