On the Improving Economy
Tuesday, August 22, 2006
The macroeconomic situation is cause for cheer. But poverty and unemployment are still high.
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THERE are many reasons to believe that the Indonesian economy is in better shape. Inflation is falling, following Bank Indonesias lowering of its interest rate. The rupiah is stable, and exports are on the rise. Interestingly, investment is also showing an increase, albeit small. Several foreign companies have returned to Indonesia, bringing new investment as well as expanding their existing presence. This rise in investment brings hope that the
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