Indonesia:Staff Report for the 2005 Article IV Consultation and Third Post-Program Monitoring Discussions Supplementary Information

Author: International Monetary Fund

Staff Report for the 2005 Article IV Consultation and Third Post-Program Monitoring

Volume/Issue: Volume 2005 Issue 326

Publication date: September 2005

ISBN: 9781451818345

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Topics covered in this book

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Exports and Imports , Inflation , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , International - Economics , Indonesian authorities , firm interest rate policy , government debt ratio , BI board meetings , gas revenue , Budget planning and preparation , Oil prices , Exchange rates , fund peak , nonfinancial public sector debt service , standards initiative , growth potential , Suharto regime , Asia and Pacific , Global

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Summary

This paper presents Indonesia’s 2005 Article IV Consultation and Third Post-Program Monitoring discussions. The economic strategy has produced positive results over time. Economic growth has gained momentum year by year, inflation has been substantially reduced, and the external position has remained sound. In spite of these achievements, considering Indonesia’s widespread poverty and unemployment, the key policy challenge is to further deepen the reforms to place the economy on an even higher growth path.