Indonesia: Ninth Review Under the Extended Arrangement

International Monetary Fund

No 2003/376, IMF Staff Country Reports from International Monetary Fund

Abstract: The Indonesian authorities are to be commended for their continued strong policy performance under their arrangement with the IMF. The economy is sustaining steady growth despite a number of external and domestic shocks; inflation has continued to decline; and there has been an additional buildup of international reserves. Indonesia's fiscal policy remains geared toward achieving a significant fiscal consolidation and reduction in public debt. Progress has also been made in structural areas. The authorities are also encouraged to keep up the momentum of the privatization program.

Keywords: ISCR; CR; investment climate; public expenditure management system; reform; prudent conduct; debt; current account; debt service; Currencies; Monetary base; Asia and Pacific (search for similar items in EconPapers)
Pages: 40
Date: 2003-12-01
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