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References

  • Bank Indonesia, 1996, Report for the Financial Year, 1995/96 (Jakarta).

  • Bank Indonesia, 1997a, Governor, “Speech to the Annual Bankers’ Association Meeting,” (Jakarta).

  • Bank Indonesia, 1997b, Indonesia Financial Statistics (Jakarta).

  • Bascand, G.N., and A. Razin, 1996, “Indonesia’s Fiscal Position: Sustainability Issues,” paper presented at the Bank Indonesia-International Monetary Fund Conference on Macro-economic Issues Facing ASEAN Countries (Jakarta).

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  • Central Bureau of Statistics, 1997, Indikator Ekonomi (Jakarta).

  • Dekle, R., and M. Pradhan, 1996, “Financial Liberalization and Money Demand in ASEAN Countries: Implications for Monetary Policy,” paper presented at the Bank Indonesia-International Monetary Fund Conference on Macroeconomic Issues Facing ASEAN Countries (Jakarta), and issued as IMF Working Paper 97/36.

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  • International Monetary Fund, 1996, “Indonesia: Recent Economic Developments,” IMF Staff Country Report No. 96/92 (Washington).

  • Montgomery, J.D., 1996, “The Indonesian Financial System: Its Contribution to Economic Performance and Key Policy Issues,” paper presented at the Bank Indonesia- International Monetary Fund Conference on Macroeconomic Issues Facing ASEAN Countries (Jakarta).

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  • Partner, S., and P. Hutabasat, 1996, “Survey of Recent Developments,” Bulletin of Indonesian Economic Studies, Vol. 32, No. 3 (December), pp. 332.

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  • President of the Republic of Indonesia, “Government Statement on the Draft State Budget for 1997/98 to the House of the People’s Representatives,” (Jakarta).

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  • Sarel, M., 1996, “Growth and Productivity in ASEAN Economies,” paper presented at the Bank Indonesia-International Monetary Fund Conference on Macroeconomic Issues Facing ASEAN Countries (Jakarta).

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  • World Bank, 1997, “Indonesia: Sustaining High Growth with Equity,” Report No. 16433- IND (Washington).

1

This report forms part of the documentation for the 1997 Article IV consultation. It is based on data provided to a staff team which visited Jakarta in March/April, and on updated information where available.

2

It should be noted that the term “country” as used in this report, does not in all cases refer to a territorial entity that is a state as understood by international law and practice. The term also covers some territorial entities that are not states but for which statistical data are maintained and provided internationally on a separate and independent basis.

3

National accounts data are available only on a calendar-year basis. The fiscal year is April–March.

4

See Tables 120 and Charts 15.

5

Fund staff estimates, and Sarel (1996).

6

See Tables 2129 and Chart 6. The fiscal data for 1991/92 to 1994/95 have been revised from the previous report on Recent Economic Developments. The fiscal outturn is provisional until audited final figures are released about 15 months after the end of the fiscal year; the revisions may be substantial.

7

See Tables 3044 and Charts 710.

8

See Tables 4558 and Charts 1115.

Indonesia: Recent Economic Developments
Author: International Monetary Fund