Indonesia

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Last week, the central government provided essential guarantees to financiers of an important public transportation project in Indonesia's capital.
On August 16, the eve of Indonesia's 61st year of Independence, President Susilo Bambang Yudhoyono announced the optimistic growth expectations of the 2007 State Budget.
While some Indonesians rushed to purchase recently released government bonds, officials are welcoming the growing confidence in the country's fiscal and monetary policies.
Last week, Indonesia's central bank called upon the country's banks to increase lending, while deliberating measures to increase supervision in the sector and thereby prevent non-performing loans (NPLs) in the future.
The government's anti-corruption drive went up a gear this week, with the Indonesian parliament reprimanding 18 legislators and dismissing one for alleged misconduct.
This month marks a historical rapprochement between the Indonesian government and dissonant voices in Aceh province.

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