Indonesia: Recent Economic Developments
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. 1995/083
Subject:
Banking Commodities Economic sectors Exports External debt Imports International trade Oil Public enterprises
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
Pages:
99
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