Ahad 13 Apr 2014 17:51 WIB

IMF: Next government expected to go ahead with economic reforms

 A photographer takes pictures through a glass carrying the International Monetary Fund (IMF) logo during a news conference in Bucharest. (file photo)
Foto: Reuters/Bogdan Cristel
A photographer takes pictures through a glass carrying the International Monetary Fund (IMF) logo during a news conference in Bucharest. (file photo)

REPUBLIKA.CO.ID, JAKARTA -- The next Indonesian government after the 2014 general elections is expected to go ahead with economic reforms and development, according to an IMF official.

The International Monetary Fund (IMF)'s Director for Asia and Pacific department Changyong Rhee in Washington DC, Saturday, praised Indonesia for taking decisive measures to avert a meltdown last year and voiced hope that the next government will follow suit on reforms.

Rhee was quoted by AFP as saying that Southeast Asia's biggest economy was "right on track" after last year's mini-crisis with projected 5.4 per cent growth this year.

Rhee credited Jakarta with sending "a signal that this time is different from 1997" - the Asian financial crisis during which Indonesia's currency plunged and its economy went into free-fall.

Rhee in particular saluted the government of outgoing President Susilo Bambang Yudhoyono for slashing fuel subsidies in an effort to address Indonesia's current account deficit and lack of confidence in the currency.

Indonesia will hold presidential elections in July in which Jakarta's popular governor Joko Widodo is considered the front-runner.

But Widodo's party did not perform as well as expected in parliamentary elections Wednesday, raising the prospect of an unwieldy coalition government.

sumber : Antara
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