Indonesia Market Essay Example | Topics and Well Written Essays - 2000 words

Indonesia Market - Essay Examplencial crisis through debt restructuring, the sale of some state-owned assets, the recapitalization of the commercial banking sector, the improved supervision of the capital market, and increased investments in public infrastructure. The gross domestic product grew by 4.5 per cent in 2003, 5.1 per cent in 2004, 5.6 per cent in 2005, 6.0 per cent in 2006, and 6.3 per cent in 2007.In 2006 the Indonesian government announced a package of policy reforms to improve its investment climate by means of strengthening investment services, harmonizing regional and central government regulations, and improving customs, excise and taxation services, among others. With moderate economic growth in recent years, domestic consumption has continued to account for nearly 2/3 of the GDP, followed by investment for more than l/5 and exports for l/10. With the targeted GDP growth of 6.6 per year up till 2009, the government expects to push Indonesia to recover thereafter to its pre-crisis annual average growth rates of close to 10 per cent..