{
  "title": "Indonesia: 2009 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Indonesia",
  "publication": "IMF Staff Country Reports, July 30, 2009",
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  "summary": "Indonesia entered the current global crisis with strong initial conditions. This 2009 Article IV Consultation highlights that notwithstanding the initial impact of the global crisis, the economy has rebounded in 2009.",
  "sections": [
    {
      "heading": "Executive summary",
      "content": "- Indonesia entered the current global crisis with strong initial conditions.\n- Notwithstanding the initial impact of the global crisis, the economy has rebounded in 2009.\n- Macroeconomic policy responses have kept appropriate pace with the evolving economic conditions.\n- Executive Directors have welcomed the resilience of the Indonesian economy, which owed much to strong initial fundamentals and appropriate policy responses.\n- The financial sector has recovered from the adverse initial impact of the global turmoil, and investor sentiment has improved in recent months."
    },
    {
      "heading": "Key findings (as presented)",
      "content": "- Strong initial fundamentals contributed to resilience during the global crisis.\n- The economy rebounded in 2009 after initial impact.\n- Macroeconomic policies adjusted in step with evolving conditions.\n- Financial sector recovery noted following the initial turmoil.\n- Investor sentiment improved in recent months."
    },
    {
      "heading": "Subjects and keywords",
      "content": "- Subject: Banking, Commercial banks, Exports, External debt, Financial institutions, Fiscal stance, International trade, Loans, Public debt\n- Keywords: CDS spread, Commercial banks, CR, Exports, Global, government bond yield, government finance data, Indonesia, inflation risk, ISCR, Loans, oil export, rate, U.S. dollar, year-end inflation\n\n---\n\n Content in this bundle\n\n- Executive Summary — IMF Country Report cr09230\n  - Executive Summary — IMF Country Report cr09230 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Executive Summary — IMF Country Report cr09230 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: July 30, 2009",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451818444.002",
    "Indonesia entered the current global crisis with strong initial conditions.",
    "Notwithstanding the initial impact of the global crisis, the economy has rebounded in 2009.",
    "Macroeconomic policy responses have kept appropriate pace with the evolving economic conditions.",
    "Executive Directors have welcomed the resilience of the Indonesian economy, which owed much to strong initial fundamentals and appropriate policy responses.",
    "The financial sector has recovered from the adverse initial impact of the global turmoil, and investor sentiment has improved in recent months.",
    "Strong initial fundamentals contributed to resilience during the global crisis.",
    "The economy rebounded in 2009 after initial impact.",
    "Macroeconomic policies adjusted in step with evolving conditions.",
    "Financial sector recovery noted following the initial turmoil.",
    "Investor sentiment improved in recent months.",
    "Subject: Banking, Commercial banks, Exports, External debt, Financial institutions, Fiscal stance, International trade, Loans, Public debt",
    "Keywords: CDS spread, Commercial banks, CR, Exports, Global, government bond yield, government finance data, Indonesia, inflation risk, ISCR, Loans, oil export, rate, U.S. dollar, year-end inflation",
    "**Executive Summary — IMF Country Report _cr09230**"
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