Indonesia Economic Quarterly FY14 : Compilation of the July 2013, October 2013, December 2013 and March 2014 Indonesia Economic Quarterly Reports

The Indonesia Economic Quarterly (IEQ) has two main aims. First, it reports on the key developments over the past three months in Indonesia's economy, and places these in a longer term and global context. Based on these developments and on policy changes over the period, the IEQ regularly updates the outlook for Indonesia's economy and social welfare. Second, the IEQ provides a more in-depth examination of selected economic and policy issues, and analysis of Indonesia's medium-term development challenges. It is intended for a wide audience, including policymakers, business leaders, financial market participants, and the community of analysts and professionals engaged in Indonesia's evolving economy. Indonesia's fiscal and monetary policy settings will continue to play a key role in facilitating the adjustments now taking place and in minimizing associated risks. There are, however, trade-offs between the objectives of restraining inflation, supporting growth and adjusting the current account deficit to the tighter financing environment. Monetary policy faces the challenge of calibrating interest and exchange rates so as to guard against rising inflationary pressures as cost pressures rise (such as from the pass-through of the weaker currency or wage increases) while facilitating improvements in the external balances, and without unduly crimping economic growth and weakening public and private sector balance sheets. With the 2014 budget under discussion with Parliament, fiscal policy faces the challenge of slower revenue growth, and higher energy subsidy and nominal debt-financing costs, raising the importance of lifting further the quality of spending and of revenue mobilization. In response to the intensification of financial market pressures, and in conjunction with the monetary policy and currency market measures mentioned above, on August 23 the Government announced a policy package containing measures intended to improve the current account, safeguard purchasing power and facilitate growth, contain inflationary pressure, and maintain investment flows. Some of the reform measures involved retracting interventionist policies on trade and proposals for improving certainty in the business environment.

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Bibliographic Details
Main Author: World Bank
Format: Economic & Sector Work biblioteca
Language:English
en_US
Published: Washington, DC 2014-06
Subjects:ACCOUNTING, ASSET PRICES, AUCTIONS, AVAILABILITY OF CREDIT, BALANCE OF PAYMENTS, BALANCE OF TRADE, BALANCE SHEETS, BANK CREDIT, BANK LOAN, BANK PROFITABILITY, BANKING ASSETS, BANKING SECTOR, BASIS POINT, BASIS POINTS, BENCHMARK YIELDS, BENEFICIARIES, BENEFICIARY, BILL, BOND ISSUANCE, BONDS, BUDGET DEFICIT, BUY-BACKS, CAPITAL ADEQUACY, CAPITAL FLOWS, CAPITAL FORMATION, CAPITAL INFLOWS, CAPITAL STOCK, CAPITAL STOCKS, CASH TRANSFERS, CENTRAL GOVERNMENT FINANCING, CERTIFICATES OF DEPOSIT, COMMERCIAL BANK, COMMERCIAL BANK LENDING, COMMODITY PRICE, COMMODITY PRICES, CONFIDENCE INDEX, CONSUMER DEMAND, CONSUMER GOODS, CONSUMER PRICE INDEX, CONSUMPTION EXPENDITURE, CONSUMPTION GROWTH, CONTINGENCY PLANNING, CORE INFLATION, CORPORATE BOND, CORPORATE BONDS, CORPORATE DEBT, CORPORATE INVESTMENT, CREDIT GROWTH, CREDIT OUTSTANDING, CREDIT QUALITY, CREDIT RISKS, CURRENCY, CURRENCY DEPRECIATION, CURRENCY RISKS, CURRENT ACCOUNT, CURRENT ACCOUNT DEFICIT, DEBT OUTSTANDING, DEBT REPAYMENTS, DEBT SERVICE, DEBT SERVICING, DEMAND FOR CREDIT, DEPOSIT, DEPOSITS, DEPRECIATION RATE, DEVELOPING COUNTRY, DISBURSEMENT, DISBURSEMENTS, DOLLAR PRICE, DOMESTIC BONDS, DOMESTIC DEMAND, DOMESTIC DEMAND GROWTH, DOMESTIC SECURITIES, DOWNWARD PRESSURE, ECONOMIC DEVELOPMENTS, ECONOMIC GROWTH, ECONOMIC SHOCKS, ELASTICITY OF OUTPUT, EMERGING MARKET, EMERGING MARKET ECONOMIES, EMERGING MARKETS, ENABLING ENVIRONMENT, EQUIPMENT, EQUITIES, EQUITY FINANCING, EQUITY INDICES, EXCHANGE RATE, EXCHANGE RATES, EXPENDITURE, EXPENDITURES, EXPORT COMPETITIVENESS, EXPORT GROWTH, EXPORT REVENUES, EXPORT VOLUMES, EXPORTERS, EXTERNAL BALANCES, EXTERNAL DEBT, EXTERNAL DEBTS, EXTERNAL DEFICIT, EXTERNAL FINANCING, EXTERNAL FUNDING, FEDERAL RESERVE, FINANCIAL ASSET, FINANCIAL ASSETS, FINANCIAL CRISIS, FINANCIAL MARKET, FINANCIAL MARKET PARTICIPANTS, FINANCIAL MARKETS, FINANCING REQUIREMENTS, FISCAL DEFICIT, FISCAL POLICY, FISCAL POSITION, FIXED CAPITAL, FOREIGN CURRENCY, FOREIGN DIRECT INVESTMENT, FOREIGN EXCHANGE, FOREIGN EXCHANGE MARKETS, FOREIGN INVESTMENT, FOREIGN INVESTORS, GLOBAL LIQUIDITY, GLOBAL TRADE, GOVERNMENT BOND, GOVERNMENT BOND YIELD, GOVERNMENT BOND YIELDS, GOVERNMENT BONDS, GOVERNMENT DEBT, GOVERNMENT REGULATION, GROSS DOMESTIC PRODUCT, GROWTH RATE, HEDGES, HUMAN CAPITAL, ILLIQUIDITY, IMPORT, IMPORT DEMAND, IMPORTS, INCOME GROWTH, INCOME TAXES, INFLATION, INFLATIONARY EXPECTATIONS, INFLATIONARY PRESSURE, INFLATIONARY PRESSURES, INFRASTRUCTURE INVESTMENT, INFRASTRUCTURE INVESTMENTS, INTEREST PAYMENTS, INTEREST RATE, INTEREST RATES, INTERNAL AUDIT, INTERNAL FINANCING, INTERNATIONAL BANK, INTERNATIONAL FINANCIAL MARKET, INTERNATIONAL MARKET, INTERNATIONAL TRADE, INVESTMENT ACTIVITY, INVESTMENT DEMAND, INVESTMENT FLOWS, INVESTMENT INFLOWS, INVESTMENT LEVELS, INVESTMENT LOANS, INVESTMENT SPENDING, INVESTOR CONFIDENCE, LIQUIDITY, LIQUIDITY MANAGEMENT, LIQUIDITY RISKS, LOAN, LOAN APPROVALS, LOCAL CURRENCY, LOCAL GOVERNMENTS, MACROECONOMIC POLICY, MARKET DEVELOPMENTS, MARKET YIELDS, MATURITY, MONETARY POLICY, NON-PERFORMING LOANS, OIL COMMODITY, OIL COMMODITY PRICES, OIL PRICE, OIL PRICES, POLICY RESPONSES, POLITICAL UNCERTAINTY, PORTFOLIO, PORTFOLIO INVESTMENT, PORTFOLIOS, POST OFFICE, POVERTY REDUCTION, PRICE INCREASES, PRIVATE DEBT, PUBLIC FUNDS, PUBLIC INVESTMENT, PURCHASING POWER, REPAYMENT, RESERVE, RESERVE REQUIREMENT, RESERVE REQUIREMENTS, RESERVES, RESIDENTIAL MORTGAGES, RETURN, SAVINGS ACCOUNT, SHORT-TERM EXTERNAL DEBT, STOCK MARKET, STOCK PRICE, STRONG COMMODITY, SUSTAINABLE GROWTH RATE, SWAP, TAX, TERM DEPOSIT, TOTAL EXPORTS, TRADE BALANCE, TRADE FINANCE, TRADE RESTRICTIONS, TRADING, TRADING PARTNER, TRADING PARTNERS, TREASURY, TREASURY BOND, TREASURY BOND YIELD, TREASURY NOTE, UNEMPLOYMENT RATE, VALUATION, VOLATILITY OF CAPITAL, WARRANTS, WEALTH EFFECTS, WORKING CAPITAL,
Online Access:http://documents.worldbank.org/curated/en/2014/06/19794544/indonesia-economic-quarterly-fy14-compilation-july-2013-october-2013-december-2013-march-2014-indonesia-economic-quarterly-reports
http://hdl.handle.net/10986/20013
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Summary:The Indonesia Economic Quarterly (IEQ) has two main aims. First, it reports on the key developments over the past three months in Indonesia's economy, and places these in a longer term and global context. Based on these developments and on policy changes over the period, the IEQ regularly updates the outlook for Indonesia's economy and social welfare. Second, the IEQ provides a more in-depth examination of selected economic and policy issues, and analysis of Indonesia's medium-term development challenges. It is intended for a wide audience, including policymakers, business leaders, financial market participants, and the community of analysts and professionals engaged in Indonesia's evolving economy. Indonesia's fiscal and monetary policy settings will continue to play a key role in facilitating the adjustments now taking place and in minimizing associated risks. There are, however, trade-offs between the objectives of restraining inflation, supporting growth and adjusting the current account deficit to the tighter financing environment. Monetary policy faces the challenge of calibrating interest and exchange rates so as to guard against rising inflationary pressures as cost pressures rise (such as from the pass-through of the weaker currency or wage increases) while facilitating improvements in the external balances, and without unduly crimping economic growth and weakening public and private sector balance sheets. With the 2014 budget under discussion with Parliament, fiscal policy faces the challenge of slower revenue growth, and higher energy subsidy and nominal debt-financing costs, raising the importance of lifting further the quality of spending and of revenue mobilization. In response to the intensification of financial market pressures, and in conjunction with the monetary policy and currency market measures mentioned above, on August 23 the Government announced a policy package containing measures intended to improve the current account, safeguard purchasing power and facilitate growth, contain inflationary pressure, and maintain investment flows. Some of the reform measures involved retracting interventionist policies on trade and proposals for improving certainty in the business environment.