## 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](https://www.imf.org/en/publications/cr/issues/2016/12/30/indonesia-ninth-review-under-the-extended-arrangement-17055)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/30/indonesia-ninth-review-under-the-extended-arrangement-17055/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/30/indonesia-ninth-review-under-the-extended-arrangement-17055/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/30/indonesia-ninth-review-under-the-extended-arrangement-17055/bundle-manifest.json)

## 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

---

## Content in this bundle

- **_cr03376**
  - [_cr03376 (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2003/_cr03376.pdf.md){rel="alternate" type="text/markdown"}
  - [_cr03376 (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2003/_cr03376.pdf){rel="external" type="application/pdf"}

---

_Source: https://www.imf.org/en/publications/cr/issues/2016/12/30/indonesia-ninth-review-under-the-extended-arrangement-17055_