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Indonesian minister says world may not need the IMF or World Bank

Indonesia's Minister of Trade, Mari Pangestu, talks to FinanceAsia about how Indonesia has changed since the Asian financial crisis and discusses the role of the IMF and World Bank.
How has Indonesia changed in the past decade - ie since the Asian financial crisis

After the last financial crisis, Indonesia has learnt its lessons well and the government and the people will not repeat those mistakes again. During the past decade, Indonesia has undergone economic, political and social reform. President Susilo Bambang Yudhoyonois is committed to job creation, economic growth and transparency within the country. We are also simplifying the administrative and bureaucracy processes to reduce high economic costs and therefore attract investors.

Economic developments in recent years include modest economic growth real GDP growth of 4.7%, 5.1% and 5.6% in 2003, 2004 and 2005, respectively a relatively stable exchange rate averaging Rp8,572 $0.93...
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