Indonesia; Eleventh Review Under the Extended Arrangement-Staff Report; and Press Release on the Executive Board Discussion

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.

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Year of publication:	2004-01-23
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Extended arrangement reviews \| bond \| bonds \| external debt \| sovereign bond \| short-term debt \| deposit insurance \| domestic financing \| current account \| international reserves \| domestic debt \| financial sector \| bond yields \| debt service \| balance of payments \| repurchases \| government bond \| imf repurchases \| stock market \| external financing \| bond issue \| government bonds \| public sector debt \| financial statements \| bond issuance \| debt rescheduling \| central bank \| current account balance \| portfolio investment \| official creditors \| debt outstanding \| government bond yields \| government debt \| public finances \| private creditors \| bond yield \| government bond yield \| current account surplus \| public debt \| financial market \| external shocks \| debt sustainability \| net debt \| debt relief \| general resources account \| convertible bonds \| stock exchange \| debt ratios \| amortization payments \| repayments \| debt from official creditors \| domestic debt issuance \| commercial creditors \| long-term debt \| private sector debt \| government deficit \| gross bond issuance \| imf purchases \| domestic bond \| deficit financing \| financial safety net \| foreign loans \| indexed bonds \| domestic interest rates \| hedge \| external disbursements \| net external debt

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 04/18 3 pages long
Source:	RePEc - Research Papers in Economics

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