## Indonesia: 2008 Article IV Consultation-Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Indonesia

_IMF Staff Country Reports, September 12, 2008_

## Source details

**Canonical URL:** [Indonesia: 2008 Article IV Consultation-Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Indonesia](https://www.imf.org/en/publications/cr/issues/2016/12/31/indonesia-2008-article-iv-consultation-staff-report-staff-statement-public-information-22354)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/indonesia-2008-article-iv-consultation-staff-report-staff-statement-public-information-22354/index.md)
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## Bibliographic details
- Published: September 12, 2008
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451818437.002

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### Growth performance and macroeconomic vulnerabilities
- Growth performance remains strong despite the deteriorating global environment.
- The economy is vulnerable to shifts in investor sentiment.
- Volatility in the government bond market has increased.

### Exchange rate, foreign exchange policy, and inflation effects
- A new policy increasing reselling of official foreign exchange receipts from oil exports should support the rupiah and help dampen inflation.
- The report notes that a more automatic mechanism for recycling official reserves would, in addition, enhance liquidity and foreign exchange market development.

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## Content in this bundle

- **_cr08299 — Executive Summary**
  - [_cr08299 — Executive Summary (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2008/_cr08299.pdf.md){rel="alternate" type="text/markdown"}
  - [_cr08299 — Executive Summary (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2008/_cr08299.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/indonesia-2008-article-iv-consultation-staff-report-staff-statement-public-information-22354_