This web page presents information about the work of the IMF in Indonesia, including the activities of the IMF Resident Representative Office. Additional information can be found on the Indonesia and IMF, including IMF reports and Executive Board documents that deal with Indonesia.

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At a Glance : Indonesia's Relations with the IMF

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News and Highlights

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Indonesia and the IMF

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Regional Economic Outlook: Asia and Pacific

Regional Economic Outlook for Asia and Pacific, October 2021

October 19, 2021

The Asian outlook for 2021 has been downgraded by more than 1 percent to 6.5 percent compared with the April 2021 World Economic Outlook because of new peaks of the pandemic cycle driven by the highly contagious Delta variant. As vaccination rates accelerate, the region is expected to grow slightly faster in 2022 than anticipated earlier. Although Asia and Pacific remains the fastest growing region in the world, the divergence between Asian advanced economies and emerging market and developing economies is deepening, reflecting vaccination coverage and policy support, and medium-term output levels in emerging market and developing economies are expected to remain below pre-pandemic trends. Risks are tilted to the downside, mainly because of uncertain pandemic dynamics, vaccine efficacy against virus variants, supply chain disruptions, and potential global financial spillovers from US monetary normalization in the presence of domestic financial vulnerabilities.

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