Indonesia: 2006 Article IV Consultation and Fifth Post-Program Monitoring Discussions—Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Indonesia

August 23, 2006

Preview Citation

Format: Chicago

Indonesia: 2006 Article IV Consultation and Fifth Post-Program Monitoring Discussions—Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Indonesia, (USA: International Monetary Fund, 2006) accessed September 19, 2024

Summary

Despite security risks and some major natural disasters, Indonesia has continued to make steady economic progress in recent years. Recent sound macroeconomic management has calmed inflation pressures, though financial markets remain volatile. In the short term, activity should regain momentum but there are downside risks. There is scope for fiscal policy to support activity in 2006, while still firmly pursuing reduction of the public debt burden over the medium term. The authorities have done much to reduce macroeconomic vulnerabilities in recent years.

Subject: Banking, Fiscal policy, Fuel prices, Inflation, Oil prices, Prices, Public debt

Keywords: Africa, CR, Exchange rate, Financial market development, Fuel prices, Global, Government, Indonesia, Indonesian authorities, Inflation, Investment climate policy package, ISCR, Market turmoil, Oil prices, Policy priority, Privatization strategy

Publication Details

Pages:

73
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/319
Stock No:

1IDNEA2006003
ISBN:

9781451818383
ISSN:

1934-7685

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