Political pressure groups and leaders:
NA
International organization participation:
APEC, APT, ARF, AsDB, ASEAN, BIS, CP, EAS, FAO, G-15, G-77, IAEA,
IBRD, ICAO, ICC, ICRM, IDA, IDB, IFAD, IFC, IFRCS, IHO, ILO, IMF,
IMO, Interpol, IOC, IOM (observer), IPU, ISO, ITU, ITUC, MIGA,
MONUC, NAM, OIC, OPCW, OPEC, PIF (partner), UN, UNCTAD, UNESCO,
UNIDO, UNMIL, UNOMIG, UNWTO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WTO
Diplomatic representation in the US: chief of mission: Ambassador SUDJADNAN Parnohadiningrat chancery: 2020 Massachusetts Avenue NW, Washington, DC 20036 telephone: [1] (202) 775-5200 FAX: [1] (202) 775-5365 consulate(s) general: Chicago, Houston, Los Angeles, New York, San Francisco
Diplomatic representation from the US: chief of mission: Ambassador B. Lynn PASCOE embassy: Jalan 1 Medan Merdeka Selatan 4-5, Jakarta 10110 mailing address: Unit 8129, Box 1, FPO AP 96520 telephone: [62] (21) 3435-9000 FAX: [62] (21) 3435-9922 consulate(s) general: Surabaya consulate(s): Medan; Denpasar (consular agency)
Flag description:
two equal horizontal bands of red (top) and white; similar to the
flag of Monaco, which is shorter; also similar to the flag of
Poland, which is white (top) and red
Economy Indonesia
Economy - overview:
Indonesia, a vast polyglot nation, has struggled to overcome the
Asian financial crisis, and still grapples with high poverty and
unemployment, inadequate infrastructure, endemic corruption, a
fragile banking sector, a poor investment climate, and unequal
resource distribution among regions. The country continues the slow
work of rebuilding from the devastating December 2004 tsunami and
from an earthquake in central Java in May 2006 that caused over $3
billion in damage and losses. Declining oil production and lack of
new exploration investment turned Indonesia into a net oil importer
in 2004. The cost of subsidizing domestic fuel placed increasing
strain on the budget in 2005, and combined with indecisive monetary
policy, contributed to a run on the currency in August, prompting
the government to enact a 126% average fuel price hike in October.
The resulting inflation and interest rate hikes dampened growth
through mid-2006, while large increases in rice prices pushed
millions more people under the national poverty line. Economic
reformers introduced three policy packages in 2006 to improve the
investment climate, infrastructure, and the financial sector, but
translating them into reality has not been easy. Keys to future
growth remain internal reform, building up the confidence of
international and domestic investors, and strong global economic
growth.
GDP (purchasing power parity):
$935 billion (2006 est.)
GDP (official exchange rate):
$264.4 billion (2006 est.)
GDP - real growth rate:
5.4% (2006 est.)