The report presents a broad perspective on economic management and social development in Indonesia during the previous decade.
The comprehensive report details the findings of an economic mission and several associated sector missions that visited Indonesia in 1977 and 1978. The report reflects on the economic management of the country during the previous decade and charts the various economic and social advancements achieved during that time. It also looks forward to future development perspectives and policies and offers concluding thoughts on growth and employment prospects. The report is generally positive in its review, remarking on the "resuscitation" of the near-bankrupt economy and the "massive improvement" in the country's resource position over the previous ten years.
The report presents a broad perspective on economic management and social development in Indonesia, on medium-term prospects, and on policy adjustments.
The briefing paper describes the issues discussed between President McNamara and Minister Widjojo, Chairman of BAPPENAS (the National Planning Board) at an earlier meeting (1860618).
Paul Isenman of the Bank Group's Policy Planning and Program Review Department expresses enthusiasm for the report but recommends caution in some of its conclusions (1860619).
Reference to the report is made on page 20 of the transcript.
June 31, 1979
The report describes how lending to Indonesia in fiscal year 1979 grew by 64% over the previous year.