Indonesia: Eleventh Review Under the Extended Arrangement

January 23, 2004

Preview Citation

Format: Chicago

Indonesia: Eleventh Review Under the Extended Arrangement, (USA: International Monetary Fund, 2004) accessed November 26, 2024

Summary

The main priority was to seek assurances that policies were on track to facilitate a smooth transition to the postprogram environment. A stable exchange rate and continued declines in inflation have allowed reductions in interest rates in support of the economic recovery. With inflation risks now more balanced, Bank Indonesia's commitment to maintain a cautious monetary stance will help safeguard the hard-won gains on inflation and exchange rate stability. The Indonesia Bank Restructuring Agency is making good progress in bringing its asset sales programs to a successful conclusion.

Subject: Banking, Budget planning and preparation, Government debt management, Inflation, Monetary base, Money, Prices, Public debt, Public financial management (PFM)

Keywords: Budget planning and preparation, Conclusion of the executive board's discussion, CR, Debt service, Disinflation effort, GDP, Global, Government debt management, IBRA debt redemption, Inflation, ISCR, Monetary base, Reform effort, SDR

Publication Details

Pages:

36
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/018
Stock No:

1IDNEA0012004
ISBN:

9781451818253
ISSN:

1934-7685

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