Indonesia: Staff Report for the 2013 Article IV Consultation

December 15, 2013

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Format: Chicago

Indonesia: Staff Report for the 2013 Article IV Consultation, (USA: International Monetary Fund, 2013) accessed November 21, 2024

Summary

This 2013 Article IV Consultation highlights that in recent years, the Indonesian economy has benefited from a supportive global economic environment, namely in the form of a rise in commodity prices and strong growth in emerging markets. However, these conditions have been less supportive lately, resulting in slowing export growth. Combined with rising net oil and gas imports, the current account shifted into a deficit in 2012. Nonetheless, real GDP growth in 2012 remained strong at 6¼ percent, aided by domestic conditions, while inflationary pressures stayed low. Going forward, the near-term outlook reflects the more challenging global environment that Indonesia faces.

Subject: Banking, Currency markets, Energy subsidies, Expenditure, External debt, Financial markets, Foreign exchange, Public debt

Keywords: Core inflation, CR, Credit growth, Currency markets, Data release, Energy subsidies, Global, Government, ISCR, Market volatility, Projection range, Q3, Staff appraisal

Publication Details

Pages:

98
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2013/362
Stock No:

1IDNEA2013001
ISBN:

9781475597325
ISSN:

1934-7685

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