IMF Positive Value of Economic Stability RI

JAKARTA: International Monetary Fund (IMF) considered so far Indonesia has set the macro-economic stability with a good, economic pascakrisis 2008.

Although capital inflows into Indonesia is currently quite high, the risk of bubble is not expected to occur in the near future.

IMF director for Asia Pacific Department Anoop Singh assess monetary policy issued by the Indonesian central bank together with the government considered appropriate.

"It's important to see the effects of monetary policies issued. However, for Indonesia, we see the rate of inflation is still within range. We do not see evidence of such an inflated property prices, so we do not see the economic bubble would occur in Indonesia," said Anoop day this.

In the context of the capacity of the domestic economy and financial markets, he added, Indonesia is to receive incoming funds are great. However, the flow of incoming funds is considered good for the domestic financial market and give a good effect for the macro economy.

When viewed from inflation as one of the macro-economic indicators, the Central Statistics Agency (BPS) recorded inflation of the calendar year (January to September) in 2010 stood at 5.28%, still within the range of 5.3%. Meanwhile, general inflation year-on-year increase of 5.8%.

Meanwhile, core inflation for September 2010 stood at 0.59% and core inflation year-on-year increase of 4.02%.

By        : Anoop Singh (IMF Asia-Pacific)