IMF Staff Completes 2015 Article IV Mission to Indonesia

According to the IMF conclusions, the economic outlook for Indonesia remains solid. The Indonesian authorities have taken significant steps in the past few years to strengthen the policy framework. They have demonstrated sound monetary management and a prudent fiscal stance, which was underpinned by historic fuel subsidy reforms in 2015. This has contributed to macroeconomic stability and supported growth. In effect, Indonesia safely navigated a difficult external environment in 2015, characterized by the fall of commodity prices, shifts in global financial conditions, and slower growth of trading partners.
Overall, macroeconomic performance in 2015 has been satisfactory. Economic growth has stabilized and is projected to reach 4.7 percent this year. A moderate acceleration to around 5 percent is forecast in 2016; investment activity would lead the recovery, in particular, public sector spending.
Inflation has fallen sharply and is projected to reach 3 percent at end-2015. Next year, it is expected to remain within the official band (3–5 percent).
The IMF staff report is scheduled to be published in February 2016
Press-release at the official IMF web-site