Indonesia: 2008 Article IV Consultation-Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Indonesia
IMF Staff Country Reports, September 12, 2008
Source details
- Canonical URL
- Indonesia: 2008 Article IV Consultation-Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Indonesia
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Bibliographic details
- Published: September 12, 2008
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451818437.002
Growth performance and macroeconomic vulnerabilities
- Growth performance remains strong despite the deteriorating global environment.
- The economy is vulnerable to shifts in investor sentiment.
- Volatility in the government bond market has increased.
Exchange rate, foreign exchange policy, and inflation effects
- A new policy increasing reselling of official foreign exchange receipts from oil exports should support the rupiah and help dampen inflation.
- The report notes that a more automatic mechanism for recycling official reserves would, in addition, enhance liquidity and foreign exchange market development.
Content in this bundle
- _cr08299 — Executive Summary