{
  "title": "Indonesia: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Indonesia",
  "publication": "IMF Staff Country Reports, January 21, 2026",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2026/01/21/indonesia-2025-article-iv-consultation-press-release-staff-report-and-statement-by-the-573330",
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  "summary": "Economic growth remains strong despite adverse shocks. Inflation is well within its target band, and the financial sector broadly resilient. Downside risks stem from trade policy shocks, prolonged uncertainty, and global financial market volatility.",
  "sections": [
    {
      "heading": "Summary",
      "content": "- Economic growth remains strong despite adverse shocks.\n- Inflation is well within its target band.\n- The financial sector is broadly resilient.\n- Downside risks stem from trade policy shocks, prolonged uncertainty, and global financial market volatility.\n- Ensuring durable and high-quality growth will require a carefully calibrated policy mix, relying on strong guardrails and buffers to prevent the buildup of vulnerabilities, and deploying bold and sound structural reforms."
    },
    {
      "heading": "Key findings and status indicators",
      "content": "- Growth: \"Economic growth remains strong despite adverse shocks.\"\n- Inflation: \"Inflation is well within its target band.\"\n- Financial sector: \"The financial sector broadly resilient.\"\n- Subject tags: Credit, Financial sector policy and analysis, Financial sector stability, Foreign exchange, Money, Public debt\n- Keywords: article IV consultation report, Credit, Financial sector stability, fund relation, Global, IMF's holding, jure exchange rate arrangement, market exchange rate"
    },
    {
      "heading": "Downside risks and vulnerabilities",
      "content": "- Trade policy shocks.\n- Prolonged uncertainty.\n- Global financial market volatility.\n- Potential buildup of vulnerabilities absent strong guardrails and buffers."
    },
    {
      "heading": "Policy recommendations and strategic priorities",
      "content": "- Adopt a carefully calibrated policy mix to sustain durable and high-quality growth.\n- Maintain strong guardrails and buffers to prevent the buildup of vulnerabilities.\n- Deploy bold and sound structural reforms.\n\n---\n\n Content in this bundle\n\n- Context: Pursuing the Golden Vision in A Shock-Prone Environment\n  - Context: Pursuing the Golden Vision in A Shock-Prone Environment (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Context: Pursuing the Golden Vision in A Shock-Prone Environment (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: January 21, 2026",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9798229035576.002",
    "Economic growth remains strong despite adverse shocks.",
    "Inflation is well within its target band.",
    "The financial sector is broadly resilient.",
    "Downside risks stem from trade policy shocks, prolonged uncertainty, and global financial market volatility.",
    "Ensuring durable and high-quality growth will require a carefully calibrated policy mix, relying on strong guardrails and buffers to prevent the buildup of vulnerabilities, and deploying bold and sound structural reforms.",
    "Growth: \"Economic growth remains strong despite adverse shocks.\"",
    "Inflation: \"Inflation is well within its target band.\"",
    "Financial sector: \"The financial sector broadly resilient.\"",
    "Subject tags: Credit, Financial sector policy and analysis, Financial sector stability, Foreign exchange, Money, Public debt",
    "Keywords: article IV consultation report, Credit, Financial sector stability, fund relation, Global, IMF's holding, jure exchange rate arrangement, market exchange rate",
    "Trade policy shocks.",
    "Prolonged uncertainty.",
    "Global financial market volatility.",
    "Potential buildup of vulnerabilities absent strong guardrails and buffers.",
    "Adopt a carefully calibrated policy mix to sustain durable and high-quality growth.",
    "Maintain strong guardrails and buffers to prevent the buildup of vulnerabilities.",
    "Deploy bold and sound structural reforms.",
    "**Context: Pursuing the Golden Vision in A Shock-Prone Environment**"
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