Bank Indonesia - Annual Report 2004

According to Bank Indonesia's Annual Report 2004, the year 2004 witnessed the Indonesian economy's continued momentum of solid expansion, even surpassing the forecast at the beginning of year.

This higher growth was accompanied by a more balanced pattern of expansion, built in part upon consistent implementation of policies in achieving macroeconomic stability. In addition, economic agents' optimism -bolstered by democratic, safe, and orderly national elections- lent further support. Despite

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