Indonesia: 2009 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, July 30, 2009
Source details
- Canonical URL
- Indonesia: 2009 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Indonesia
Other formats
Bibliographic details
- Published: July 30, 2009
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451818444.002
Executive summary
- Indonesia entered the current global crisis with strong initial conditions.
- Notwithstanding the initial impact of the global crisis, the economy has rebounded in 2009.
- Macroeconomic policy responses have kept appropriate pace with the evolving economic conditions.
- Executive Directors have welcomed the resilience of the Indonesian economy, which owed much to strong initial fundamentals and appropriate policy responses.
- The financial sector has recovered from the adverse initial impact of the global turmoil, and investor sentiment has improved in recent months.
Key findings (as presented)
- Strong initial fundamentals contributed to resilience during the global crisis.
- The economy rebounded in 2009 after initial impact.
- Macroeconomic policies adjusted in step with evolving conditions.
- Financial sector recovery noted following the initial turmoil.
- Investor sentiment improved in recent months.
Subjects and keywords
- Subject: Banking, Commercial banks, Exports, External debt, Financial institutions, Fiscal stance, International trade, Loans, Public debt
- Keywords: CDS spread, Commercial banks, CR, Exports, Global, government bond yield, government finance data, Indonesia, inflation risk, ISCR, Loans, oil export, rate, U.S. dollar, year-end inflation
Content in this bundle
- Executive Summary — IMF Country Report _cr09230