Indonesia still vulnerable to shock

Indonesia's current economic conditions mirror those that sparked the 1997-1998 Asian financial crisis and the central bank is working to protect the country from the impact of a potentially similar scenario, Budi Mulya, a director at Bank Indonesia, said.

"The situation at present is similar to the situation (prior to) the 1997-1998 crisis. The components and variables are almost the same, thus Bank Indonesia is watching very closely," Mulya said.

The current slowdown in global financial mar

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