02119cas a2200241 a 4500 AALejournalIMF015803 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513509129 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Asia and Pacific Dept. Indonesia : 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Indonesia. Washington, D.C. : International Monetary Fund, 2019. 1 online resource (83 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This 2019 Article IV Consultation discusses that the Indonesian economy performed well in 2018, despite external headwinds, including capital flow reversals. Growth stabilized above 5 percent and inflation eased to around 3 percent. A surge in imports and weak export growth contributed to a higher current account deficit. Growth is projected to remain stable over the medium term. Inflation is expected to remain within the target band and the current account deficit is expected to narrow gradually on lower imports. Risks are tilted to the downside and are mainly external. Reliance on portfolio inflows to finance the twin deficits leaves Indonesia vulnerable to capital flow reversals. Creating quality jobs for the young and growing population to harness Indonesia's demographic dividend requires a stronger impetus to growth, which has been constrained by structural weaknesses, including low tax revenues, shallow financial markets, and labor and product market rigidities. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2019/250 Full text available on IMF http://elibrary.imf.org/view/journals/002/2019/250/002.2019.issue-250-en.xml IMF e-Library