Indonesia: Ninth Review Under the Extended Arrangement
IMF Staff Country Reports, December 1, 2003
Source details
- Canonical URL
- Indonesia: Ninth Review Under the Extended Arrangement
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Bibliographic details
- Published: December 1, 2003
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451818284.002
Overview and Main Findings
- 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.
- 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.
Subject Areas and Keywords
- Subject: Banking, Currencies, External debt, Fiscal policy, Monetary base, Money, Public debt
- Keywords: Asia and Pacific, CR, Currencies, current account, debt, debt service, investment climate, ISCR, Monetary base, prudent conduct, public expenditure management system, reform