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With a population of 222m and over 17,000 islands, 300 ethnicities and 250 languages, Indonesia is one of the world's most diverse countries. Since November 2004, Susilo Bambang Yudhoyono, the first president chosen in direct elections, has set out to tackle the challenges facing the country. His goal is to encourage foreign investment by stimulating economic growth. Fuel subsidies have been cut to ease pressure on the budget; the subsequent inflation has been curbed; macroeconomic stability has been retained through a vigilant monetary policy; the country's police force has been overhauled; the judiciary reformed, along with the tax system; and an anti-corruption campaign launched.

Publisher: Oxford Business Group

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