Indonesia : Recent Economic Developments

Author/Editor:

International Monetary Fund

Publication Date:

September 14, 1995

Summary:

This paper reviews economic developments in Indonesia during the 1990s. The adjustment effort during 1991/92–1992/93 was marked by a tightening of monetary policy, and measures were also taken to curb new external borrowing. Interest rates rose sharply, as large amounts of central bank debt certificates were placed with the domestic banking system and Bank Indonesia sharply curtailed its foreign exchange swap operations. The expansion in domestic demand gained momentum during 1994/95, rising in real terms by 9 percent.

Series:

Country Report No. 95/83

Subject:

Notes:

This report on recent economic developments in Indonesia was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.

English

Publication Date:

September 14, 1995

ISBN/ISSN:

9781451818185/1934-7685

Stock No:

1IDNEA0011995

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

99

Please address any questions about this title to publications@imf.org