The Economic Growth Indonesia

Indonesia is a country that is still trying to develop in various aspects in order to follow the development of increasingly advanced and other countries. Beginning in the aftermath of independence, namely 1945-1950. At that time the case was very high inflation, the resason why that happen because the release of more than one currency uncontrollably. At that time, for a time the Indonesian government declares three currencies applicable in the territory of the Republic of Indonesia, the currency De Javashe Bank, the Dutch government currency, and the currency of the Japanese occupation. The effort to address this inflation is to conduct a national loan program by the finance minister Ir. Surachman in July 1946. The new order President Soeharto (1946 – 1998) Suharto was officially inaugurated president in 1968. During the reign of President Soeharto, there was an increase in world oil prices.When oil prices stagnated in the early 1980s, Suharto shifted economic policy away from a reliance on oil exports. He also introduced reforms across a wide range of sectors to cut production costs and improve the competitiveness of Indonesia’s commodity exports. Furthermore, the reform began in 1998 until now. Government reforms from 1998 to the present has experienced several changes of presidents among others are:
 • President BJ Habibie (May 21 1998-20 October 1999)
At the time of president BJ Habibie, who started the reform period ,they didn’t made changes significant in the economic field. Prioritized policies to stabilize the political situation in Indonesia.
 • President Abdurrahman Wahid (20 October 1999 - July 23, 2001)
During the reign of President Abdurrahman Wahid has been no action sufficient means to save Indonesia from the downturn.
• President Megawati (2001-2004)
Achievements in the economic field of President Megawati's administration began to show a decline in the second half of his administration. In the middle of 2002-2003 the exchange rate of rupiah that had strengthened to Rp. 8,500, - per dollar.
• President Susilo BambangYudhoyono 2004-2014
SBY government policy is to reduce state subsidies Indonesia, or raising the price of Raw Materials (BBM), the policy of cash transfers to the poor but such aid laid up in the hands of the people or communities in need, policy BOS channel aid to the means of education in the State Indonesia.
 • President Joko Widodo 2014 - present
The current government are still trying to make some regulations, simplification of bureaucratic processes and ensure compliance with the law. In case government regulation has revoked nine regulations that impede the economy, 31 regulations were revised to eliminate certain articles which hamper the economy, creation of 49 new regulations to accommodate new policy drafted, 35 regulation combined for simplification of licensing and peratutan and 89 regulations repealed to adjust the rules old that are no longer relevant. President Jokowi's administration also makes the unemployment rate at the lowest percentage point. But the economic stability of the region is still uneven. So is the growth rate is not stable.