3 - G-Resources

Overview of Indonesia
Location SE Asia, 200km north of Australia
Population 240 million (as at Jan 2008)
Religion 90% Muslim
Political Democratic Republic
Environment ► President Susilo Bambang Yudhoyono
Elected in 2004 with an absolute majority (60%)
Democratic party won >20% of the vote in recent elections and
SBY nominated for pre-selection in 2009
SBY nominated Budyono as deputy and running mate – seen as a
positive for Indonesian investment environment
Next presidential elections in 2009
SBY remains popular with voters and is expected to be re-elected
GDP ► Nominal GDP of US$1,800 per capita
► Average growth in GDP over the last 5 years of 4.7%, with 2008
growth in GDP of 6.5% (highest in a decade)
Inflation ► Inflation has fallen from a high in 2006 of 13.1% to 5.7% in 2008
Currency ► Indonesian Rupiah
► Relatively stable averaging around 9,000 Rupiah per US$ over the
last 4 years
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