INDONESIAN ECONOMIC ISSUES

2001

2000

	JETRO Sees 3.8% Growth for Indonesian Economy in 2002
	95% of Indonesia's Tariff Already in line with AFTA
	IBRA Exceeds 2001 Target
	House Set to Draft Geothermal Bill
	Indonesia and Australia to Strengthen Anti-dumping Cooperation
	State Minister for State Enterprises Resuffles IBRA Top Officials
	Government to Boost Inspection of Imports
	Development Zones to be Reviewed
	Minister of Industry and Trade Calls for a Delay on Tax Plan for Batam
	Central Bank to Keep CAR at 8 Percent
	Government and IMF Ease Base Money Target
	Government to Merge Four Ailing Banks
	Economy Grew 3.47% in Third Quarter 2001
	Indonesia Hails New WTO Trade Round Talks
	Indonesia Extends Deal with IMF to 2003
	Indonesia Supports Call for a New Trade Round Talks
	CGI Pledges US$3.14 Billion in New Loans for Indonesia
	Indonesia Deserves CGI Support: IMF
	IMF Team to Visit Jakarta on New LOI Talks
	September Exports the Lowest of the Year
	Government to Freeze Assets, Accounts of Terrorist Groups
	House Approves 2002 State Budget
	House Approves Oil and Gas Law
	State Budget to Gain Rp 8 Trillion From SOEs
	IMF Agrees to the Revised Budget Assumptions
	Bank Indonesia Could Double Intervention in Forex Market
	Projections for State Budget 2002 Revised Down
	Government Seeks Options for Dealing with Global Recession
	Batam to Receive Free Trade Status by Year End
	IMF Says LOI Remain As Is
	Bank Indonesia Won't Follow Fed in Rate Cut
	U.S. Grants Indonesia's Export Products Duty Free Status
	Bulog to Import Up to 700,000 Tons of Rice
	Inflation and Export Rise
	House Ready to Debate New Mining Bill
	President Wants Indonesia to be an Investment Destination
	U.S. Firms Commit US$2 Billion Investment in Indonesia
	Single Digit Inflation Rate Still Possible
	Government to Encourage Businessmen to Use U.S. Trade Facilities
	Bank Indonesia Mulls Lowering Interest Rate
	Foreign Investors Interested in Chandra Asri
	Government to Develop Batam and Jakarta Into International Agribusiness Centers
	Government Maintain State Budget Assumptions
	Forestry Conference Ends with Declaration
	IMF Approves Disbursement of Loan Tranche to Indonesia
	New Decree on IBRA Submitted
	Government to Shorten Negative Investment List
	Government Unveil State Budget Draft 2002
	2002 State Budget Gives Priority to Education
	House Approves Government Plan to Issue New Bonds
	Inflation to Remain High Despite Drop in Prices
	Government Targets Below 5% Growth in 2002
	Investment Bill Aimed at Breaking Barriers
	Letter of Intent Finally Signed
	Government Extends Talks with IMF to Settle State Budget Issue
	Government Platform Depends on 2002 State Budget
	IMF Praises Talks with Indonesian Government
	Indonesia Saves Rp 50 Trillion from Rupiah Appreciation
	Minister Targets Farmers Well-being and Job Creation
	Indonesia and Vietnem Seal One Year Rice Deal
	IBRA Prepares for BCA Retender
	Indonesia and IMF Expected to Finalize Deal
	Minister Targets Five New Laws in Energy and Mineral Sectors
	GDP Grows 3.52% in Second Quarter 2001
	Interest Rates Expected to Fall
	Indonesia Seeks to Improve Debt Rating
	Bank Indonesia has no Plan to Cut Interest Rate
	Government to Modernize Seafarer Training Centers
	IMF to Send Mission to Jakarta Next Week
	State Minister for State Enterprises Given Control Over IBRA
	Indonesia Seeks Debt Deal from Paris Club
	Bank Indonesia Prepares Coordination Steps with the New Economic Team of Cabinet 'Gotong Royong'
	Rupiah Gains Strength as Markets Cheer New Cabinet
	Rupiah Reaches Nine Month High
	Bank Indonesia to Keep Interest Rate High
	IMF Team to Meet New Government Later this Month
	IBRA Launches Overhaul Plan to Boost Efficiency
	Approved FDI Jumps by 113.2%
	Inflation Rate Expected to Slow
	Rupiah May Strenghten to 8,000 Against Dollar : Bank Indonesia
	World Bank Urges Megawati to Fight Graft and Poverty
	Telkom Plans to Sell Non-core Subsidiaries
	IMF Names New Representative in Indonesia
	Association Upbeat About Furniture Export Growth
	Japan Sends Forest Loan to Indonesia
	BPPT Set to Sell Expertise to Private Sector
	Indonesia to Ask WTO to be Flexible on Agriculture
	Government to Issue New Policy on Foreign Fishing Vessels
	Government Considers Tax Incentives
	House Expects to Revise Bank Law Soon
	Revenue Targets Hiked by Up to 20%
	Reform Targets Hinge on Improved Market Confidence
	IBRA Restructuring Aim for Transparency
	IMF Approves Early Draft of LOI
	LOI of IMF to be Signed Today
	Government Signs Deal with JICA to Support SMEs
	Government and IMF Agree to Streamline LOI
	Indonesia and South Korea Sign Forestry Agreement
	Indonesia Plans to Cut Rubber Output
	Government Expects Disbursement of IMF Loan in August
	Privatization of Telkom and Indosat to Go Ahead
	JIBC Provides Loan for Indonesia Rural Projects
	Inflation Rises in June
	House Approves Trademark Bills
	Government Expects IMF Team to Come Later this Week
	Government Approves US$1.2 Billion FDI in Five Months of 2001
	ASEAN and EU Launch Energy Program
	Japan Agrees to Reshedule Indonesia's Debt
	Government Plans to Merge Bank Mandiri with BII
	Bank Indonesia Issues New Ruling on Money Laundering
	Economy will Grow 4.5% to 5.5% in 2002
	Indonesian Foreign Exchange Reserves Increase
	Government Won't Force Banks to Merge
	Manufacturing Stocks Perform Well
	Government Plans to Sell 15% Stake in Surveying Company
	New Oil Reserves Expected to Boost Output in 2004
	Government Proposes Several Options on Central Bank Law to IMF
	Indonesian Mining Still Lure Investors
	House Approves Revised State Budget
	Government Raised Fuel Price
	House and Government Clear Hurdles on State Budget
	2001 State Budget Measures will be Carried Out
	Jakarta Commodity Bourse will Soon Trade CPO
	Foreign Investors May Take Stakes in Television Industry
	Banks Asked to Support Implementation of IMT-GT Agreements
	Indonesia-UNTAET to Pull Out Rupiah from East Timor
	Indonesia Seeks Larger Quota for Textile Exports to U.S.
	Government Changes Privatization Strategy
	G-15 Nations Close Ranks to Brave World Economy
	Government Issuess New Decree on Labor
	G-15 Leaders Call for Better Cooperation
	India, South Korea, Taiwan and Saudi Arabia Suspected of Dumping
	Eight Mining Firms Due for Divestment this Year
	Economic Growth Could Reach 4% in 2001
	Bank Indonesia to Maintain Tight Monetary Policy
	G-15 Members to Focus on IT During Summit
	Nigeria Plans to Buy Indonesian Aircraft
	Government to Privatized Mining Company
	Provinces to Get 90% of Reforestation Funds
	World Bank Proposes Three Actions to Maintain Economic Recovery
	Indonesia is Canada's Major Investment Destination
	Government Unveils Program to Overcome Budget Deficit
	VAT Hike Based on IMF's Request
	Indonesian Economy Grew 2.6% During First Quarter 2001
	Forestry Ministry Dissolved 32 Task Forces
	More Corporate Debt Converted Into Equity: JITF
	IBRA Plans to Develope Four Core Banks
	Indonesian Economy Expected to Grow 5-6% in 2002-2004
	Ferromanagnese Dumping Charge
	Government to Raise Price of Generic Drugs
	Indonesia to Join Canadian Furniture Expo
	Indonesia and Thailand Signed Economic Cooperation Agreements
	Bank Indonesia Organization to Change Under Ruling Amendment
	Retail Sales Estimated to Increase by 20%
	Minister Supports Non-Tariff Barriers Against Rice Imports
	VAT Rate May be Raised to Curb Budget Deficit
	Foreign Exchange Reserves Rise
	American Firm to Invest in Indonesian Pulp Plant
	Budget Deficit to be Limited to 3.8% of GDP
	Government Finalizing Steps to Launch Treasury Bonds
	April Inflation Stands at 0.46%
	March Trade Surplus Hits US$2.1 Billion on Export Gains
	Government to Submit Revised State Budget to the House
	Rupiah and JSE Index Strengthen
	Investor Interest in JORR Tollroad Project Increases
	China May Increase CPO Imports from Indonesia
	House Prepared to Amend State Budget
	Consultative Group for Indonesia, Jakarta, April 23-24, 2001 (Statement By Mr. Anoop Singh, Deputy Director, IMF Asia & Pacific Department)
	Government and IMF Reach Agreement on Fiscal Issue
	Creditors Support Indonesia
	ADB Predicts Indonesian Economy to Grow 4.2%
	Government and IMF Agree to Intensify Revenue Collection
	Bank Indonesia to Tighten the Monetary
	Government to Keep Budget Deficit at 3.7% of GDP
	ADB Targets US$1 Billion Loan to Indonesia
	Indonesia Protests Against India Antidumping Action
	Fund Allocation of Budget 2001 to Regions Rises to 5.7% of GDP
	Krakatau Steel to be Privatized Next Year
	Bank Indonesia Predicts Lower Growth this Year
	Foreign Exchange Reserves Increase
	Independent Panel Supports Amendment of Bank Indonesia Law
	WTO Must Protect Service Sector in Developing Countries
	ASEAN Finance Ministers Resolved to Overcome Monetary Upheaval
	Bank Indonesia Plans to Relax Rulings to Boost Bank Lending
	Government Signs New Agreement with ADB
	IBRA Set to Sell Rp 16 Trillion in Corporate Loans
	Budget Deficit Could Exceed 5% of GDP
	Inflation in March Up 0.89%
	FSPC Sets New Guidelines for Corporate Restructuring
	Government - IMF Agree not to Change State Budget Format
	Japan Agrees to Reschedule Indonesian Debt
	SMEs Will be Encouraged to Enter Bourse
	Central Bank Law Issue to be Reviewed
	IBRA Invites More Investors to Bid for Toll Road Project
	Government Intensifies Forest Protection Ahead of CGI Talks
	Indonesia to Speed Up Disbursement of Foreign Loans
	German Loans to be Applied to Forest Conservation
	IMF Confirms Progress Has Been Made in Talks with Government
	Ministry of Finance and IMF Discusses the National Budget Realization
	Paris Club II Creditors in Final Stage of Negotiations
	Pertamina and Petronas Sign US$6.2 Billion Gas Deal
	Bank Indonesia Revises Ruling on Bank Guarantee Scheme
	Handicraft Exports Expected to Increase
	Government Revokes Regulation Taxing Grants and Foreign Projects
	Credit Priority to SME: Bank Indonesia
	Bank Indonesia Warns of Further Interest Rate Increase
	Indonesia Ready for Full Implementation of AFTA in 2002
	ADB Provides Assistance for Banking Supervisory Agency
	ADB's New Lending for Indonesia Linked to Reforms
	Indonesia Scraps Antidumping Duty on Steel Pipes
	United Kingdom Trade Mission to Visit Indonesia
	Draft on Offshore Lending Goes to House this Month
	Bank Indonesia to Raise Interest Rates
	Bank Indonesia Fines Foreign Bank for Breaching Forex Rules
	Indonesia Bans Import of Livestock from Europe
	Government and House Decide to Postpone Debate on Bank Indonesia Law
	CGI Meeting to be Held in Jakarta
	Government and Central Bank Agree to Stabilize Rupiah
	Tax Incentives for Debtors
	Government to Set Rupiah at 7,800 - 8,500 in 2002 Budget
	Jobless Rate Down in 2000
	The Impact of U.S. Economic Slowdown Minimal
	Indonesia Will not Delay AFTA Commitment
	Bank Indonesia Optimistic of Rupiah Gain in Second Semester
	Indonesia to Propose Oil Production Cut at OPEC Meeting
	Indonesia to Develop Fuel from CPO
	Bank Indonesia not to Restrict Rupiah Spot Transaction
	Inflation Reaches 0.87% in February 2001
	Bank Indonesia to Continue Intervention to Help Rupiah
	Bank Indonesia Forecasts Economy to Grow 4.5%-5.5% in 2001
	Indonesia and Norway Sign Agreement on Environmental Projects
	JITF Restructures US$10 Billion in Corporate Debts
	Consortium Named Preferred Bidder in Toll Road Project
	House Supports for AFTA Delay
	World Bank Launches Its Country Assistance Strategy for Indonesia (pdf)    Full Report
	Government and IMF Reach Agreement Over Central Bank
	IBRA to Sell Iron Sheet Maker and Subsidiary
	Government to Proceed with Plans to Raise Fuel Prices
	Finance Minister Agrees to Dissolve State Owned Holding Company
	Government to Proceed with Asset Backed Bond Issue Plan
	GDP to Slow Down to 4% this Year from 4,7% in 2000
	BPK Plans a Complete Audit on IBRA
	Indonesia Starts Coffee Retention Program
	IFC and SCG Agree to Aid Indonesian Importers
	Australia to Increase Investment in Indonesia
	Indonesia-China Trade Surges 60%
	Government to Privatize 16 State Owned Companies this Year
	IBRA to Sell Up to 51 Percent Stake at Bank Niaga and BCA
	Indonesia and Singapore Sign US$9 Billion Gas Supply Deal
	Bank Indonesia Forex Ruling Diverts Speculators Into Stocks
	Bank Indonesia has Sufficient Forex Reserves to Defend Rupiah
	Batam Technically Already Free Trade Zone
	Indonesia Investment Projects Surge
	Bank Indonesia to Use Treasury Bills for Monetary Management
	Telkom Plans to Invest in Major Project Expansion
	IDA - World Bank Loan Scheme Could Rise to US$1 Billion
	Exports Reach Record Level
	Bank Indonesia to Complete Divestment Program this Year
	World Bank Approves Loan Program for Indonesia
	Government Forms Team to Review New Tax Policy on Bonds
	United Kingdom Top Foreign Investor in Indonesia
	Government Expects Oil and Gas Law to Pass in April
	IMF Stresses Need for Bank Indonesia Independence
	Government Plans to Issue Short Term Bonds
	Government to Cut CPO Export Tax
	Pension Funds Lured to Invest in Government Bonds
	Indonesia and Brazil Pledge to Boost Ties and Agree to Limit Coffee Exports
	House Begins Deliberating Three State Finance Bills
	Government Prepares for First Oil Block Tenders
	Bank Indonesia Will Not Move Toward Capital Control
	Indonesia Expects to Meet New OPEC Quota
	ASEAN Raises Swap Facilities
	Provinces Allowed to Issue Forest Concession Permits
	IBRA Plans to Clear Over Large Bank Loans
	Indonesia Starting to Gain from Economic Reforms: Minister
	BEI to Boost Export Credit by 85 Percent
	Indonesia World Top Pepper Exporter
	Indonesia to Reopen Trade Centers in Sydney, Los Angeles and Dubai
	Indonesia and Singapore Leaders Launch Joint Energy Project
	Bank Indonesia New Ruling Restricting Rupiah Transactions
	Minister: Corporate Foreign Debt Manageable
	Indonesia and Spain to Boost Trade Ties
	IMF Urges Indonesia to Accelerate Recovery Process
	Indonesia and India Sign Five Business Agreements
	Government Projects Economic Growth at 5% This Year
	President Agrees to Drop VAT Plan for Agri-Products
	Bank Indonesia Forced to Raise Interest Rates
	Indonesia Cuts Import Duties on 1,279 Products
	Bank Indonesia to Maintain Tight Monetary Policy in 2001
	Indonesia's First Natural Gas Exports to Start Next Week
	Reshuffle in Finance Ministry
	Government and IMF to Review New Autonomy Policy
	House to Complete Amendment to Bank Indonesia Law Next Month
	Government Issues 41 New Decrees on Tax and Regional Autonomy
	New Textile Quota Policy Issued to Curb Quota Trading
	Export Agency to Organize Fair Trips for SMEs
	RI Regains ICCA Membership
	Lower Fed Rate Won't Cut Local Rate: Bank Indonesia
	Indonesia Supports OPEC Plan to Cut Crude Oil Output
	Inflation Rose in 2000
	Foreign Exchange Reserves Increased in December
	Indonesian Population Reaches Over 2000 Million: Central Bureau of Statistics
	Bank Indonesia to Supply Dollars to Aid Rupiah
	Pertamina Asks Government to Transfer US$10 Billion in Assets