{"id":49050,"date":"2016-03-16T16:12:42","date_gmt":"2016-03-16T09:12:42","guid":{"rendered":"https:\/\/setkab.go.id\/?p=49050"},"modified":"2016-04-04T15:28:30","modified_gmt":"2016-04-04T08:28:30","slug":"imf-survey-during-2015-indonesia-is-one-of-developing-countries-with-the-best-performance","status":"publish","type":"post","link":"https:\/\/setkab.go.id\/en\/imf-survey-during-2015-indonesia-is-one-of-developing-countries-with-the-best-performance\/","title":{"rendered":"IMF Survey: During 2015, Indonesia is One of Developing Countries with the Best Performance"},"content":{"rendered":"<div id=\"attachment_49022\" style=\"width: 240px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-49022\" class=\"wp-image-49022 \" style=\"margin: 5px;\" src=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2016\/03\/Buka-Perdagangan-300x196.jpg\" alt=\"Buka Perdagangan\" width=\"230\" height=\"200\" \/><p id=\"caption-attachment-49022\" class=\"wp-caption-text\">President Joko Widodo accompanied by several high-ranking officials opens stock trade at Indonesia Stock Exchange at the beginning of January 2016<\/p><\/div>\n<p>According to International Monetary Fund (IMF), Indonesia was one of developing countries that showed the best performance during 2015. This success is the result of good economic management as well as timely reforms, in particular for fuel oil subsidy.<\/p>\n<p>The result of IMF\u0092s assesment over Indonesia that is reported in Article IV Consultation and published at IMF\u0092s website, on Tuesday (15\/3) showed a significant strengthening in Indonesia\u0092s policy framework during the last few years which has improved macro economic security so that it successfully strengthens macro economic stability and supports economic growth.<!--more--><\/p>\n<p>It makes Indonesia successfully minimizes the impact of difficult external fluctuation in 2015, that was marked by a decline of commodity prices, a shift in global financial condition, and slowing down growth in trading partner countries.<\/p>\n<p>\u0093During the last few years, good monetary management and wise fiscal attitude have strengthened macro economic stability and supported economic growth,\u0094 IMF Mission Chief for Indonesia, Luis E. Breuer, said as quoted from IMF website, on Tuesday (15\/3).<\/p>\n<p>According to Breuer, Indonesia\u0092s economic performance during 2015 has shown good results, such as relatively high economic growth, on target inflation, and declining current account deficit.<\/p>\n<p>\u0093Indonesia\u0092s macro economic performance in 2015 was good. Although external environment was weaker, the economic growth was one of the highest among developing countries, i.e. 4.8 percent in 2015. Inflation was declining to the range of central bank\u0092s target (3-5 percent) and account deficit is decreasing,\u0094 Breuer explained.<\/p>\n<p>However, to maintain the strong growth and development, IMF reminds the Government to encourage and broaden the current reform. It is important to increase infrastructure investment as well as to strengthen business environment and open trade opportunity.<\/p>\n<p>For the record, the Article IV Consultation is part of IMF\u0092s annual surveillance activity to all member countries. The assessment was done to monetary policy, fiscal, exchange rate, vulnerability risk emerging from capital flow volatility, as well as institutional and structural issues in Indonesia. The 2015 Article IV Consultation was held from 3 to 17 December 2015 led by Luis E. Breuer.<\/p>\n<p><b>The World Bank<\/b><\/p>\n<p>Meanwhile, the World Bank projects Indonesia\u0092s economic growth in 2016 will reach around 5.1 percent and 5.3 percent in 2017. This figure is corrected 0.2 percent lower than the projection in December 2015. However, it means the World Bank saw an opportunity for improvement compared to Indonesia\u0092s growth last year that was 4.79 percent.<\/p>\n<p>World Bank Country Director for Indonesia Rodrigo A. Chaves said that the rate of Indonesia\u0092s growth is still higher than other exporting countries. \u0093Nevertheless, under 6 percent growth is not enough to accommodate 3 million Indonesia young people who enter labor market every year.<\/p>\n<p>According to Rodrigo, the recovery of Indonesia\u0092s economy depends on the policy to improve business climate and to attract more investors, as well as economic diversification. \u0093A better improvement needs stronger private investment as well as comprehensive and sustainable policy to improve business climate,\u0094 he added.<\/p>\n<p>On the same occasion, World Bank Lead Economist for Indonesia Ndiame Diop said that Indonesia still has a lot of industries that can be developed, such as manufacture. With the Government\u0092s support, manufacture industry can support the increase of growth rate.<\/p>\n<p>\u0093However, these sectors must face a lot of regulation issues. The Government currently carries out a reform on the last six months. Several additional measures probably can ensure the investors and attract investment,\u0094 he said. <b>(Humas Kemenkeu\/ES)<\/b>(MMB\/YM\/Naster)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to International Monetary Fund (IMF), Indonesia was one of developing countries that showed the best performance during 2015. This success is the result of good economic management as well as timely reforms, in particular for fuel oil subsidy. The result of IMF\u0092s assesment over Indonesia that is reported in Article IV Consultation and published [&hellip;]<\/p>\n","protected":false},"author":43,"featured_media":49022,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[77],"tags":[],"class_list":["post-49050","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v26.1.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IMF Survey: During 2015, Indonesia is One of Developing Countries with the Best Performance - Sekretariat Kabinet Republik Indonesia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/setkab.go.id\/en\/imf-survey-during-2015-indonesia-is-one-of-developing-countries-with-the-best-performance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IMF Survey: During 2015, Indonesia is One of Developing Countries with the Best Performance - Sekretariat Kabinet Republik Indonesia\" \/>\n<meta property=\"og:description\" content=\"According to International Monetary Fund (IMF), Indonesia was one of developing countries that showed the best performance during 2015. 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The result of IMF\u0092s assesment over Indonesia that is reported in Article IV Consultation and published [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/setkab.go.id\/en\/imf-survey-during-2015-indonesia-is-one-of-developing-countries-with-the-best-performance\/\" \/>\n<meta property=\"og:site_name\" content=\"Sekretariat Kabinet Republik Indonesia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/id-id.facebook.com\/Setkabgoid\" \/>\n<meta property=\"article:published_time\" content=\"2016-03-16T09:12:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2016-04-04T08:28:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2016\/03\/Buka-Perdagangan.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1500\" \/>\n\t<meta property=\"og:image:height\" content=\"984\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Office of Assistant to Deputy Cabinet Secretary for State Documents &amp; Translation\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@setkabgoid\" \/>\n<meta name=\"twitter:site\" content=\"@setkabgoid\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Office of Assistant to Deputy Cabinet Secretary for State Documents &amp; Translation\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/setkab.go.id\/en\/imf-survey-during-2015-indonesia-is-one-of-developing-countries-with-the-best-performance\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/setkab.go.id\/en\/imf-survey-during-2015-indonesia-is-one-of-developing-countries-with-the-best-performance\/\"},\"author\":{\"name\":\"Office of Assistant to Deputy Cabinet Secretary for State Documents &amp; Translation\",\"@id\":\"https:\/\/setkab.go.id\/#\/schema\/person\/ccc9c04099be79c6aa9ed45cb3bf345e\"},\"headline\":\"IMF Survey: During 2015, Indonesia is One of Developing Countries with the Best Performance\",\"datePublished\":\"2016-03-16T09:12:42+00:00\",\"dateModified\":\"2016-04-04T08:28:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/setkab.go.id\/en\/imf-survey-during-2015-indonesia-is-one-of-developing-countries-with-the-best-performance\/\"},\"wordCount\":600,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/setkab.go.id\/#organization\"},\"image\":{\"@id\":\"https:\/\/setkab.go.id\/en\/imf-survey-during-2015-indonesia-is-one-of-developing-countries-with-the-best-performance\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/setkab.go.id\/wp-content\/uploads\/2016\/03\/Buka-Perdagangan.jpg\",\"articleSection\":[\"News\"],\"inLanguage\":\"ENH\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/setkab.go.id\/en\/imf-survey-during-2015-indonesia-is-one-of-developing-countries-with-the-best-performance\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/setkab.go.id\/en\/imf-survey-during-2015-indonesia-is-one-of-developing-countries-with-the-best-performance\/\",\"url\":\"https:\/\/setkab.go.id\/en\/imf-survey-during-2015-indonesia-is-one-of-developing-countries-with-the-best-performance\/\",\"name\":\"IMF Survey: During 2015, Indonesia is One of Developing Countries with the Best Performance - 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