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Economic Policies

On January 14, 2003, the coordination meeting of Ministers within the Economic Compartment adopted "Priority Agendas for the Indonesian Economy in the year 2003" which consists the following objectives:

  1. To promote investment, non-oil and gas exports and increase job opportunities;
  2. To manage domestic and foreign debt to support fiscal sustainability:
    1. To prepare an exit strategy after the completion of the IMF program at the end of 2003;
    2. To manage recapitalization debt.
  3. To maintain, rehabilitate and develop vital infrastructure.
  4. In implementing these priority agendas, the Government will:
    1. Establish a National Team on Investment and Non-Oil and Gas Exports chaired by the President;
    2. Establishment of a Coordinating Team consisting of the Coordinating Minister for Economy, Minister of Finance and the Governor of Bank Indonesia to formulate an exit strategy after the completion of the IMF program at the end of 2003. 

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