Tsunami Impact on Indonesia
Economist Intelligence Unit [EIU] has release a report titled "Asia's tsunami: the impact" regarding the impact on the countries that hit by Tsunami.
Go here for the press release: EIU Press Relase [12 Jan 2005]
The key findings on Indonesia include:
- Indonesia's economy will be less affected, with 2005 growth slipping from a forecast 5.7% previously to 5.4% now.
- The key challenge for Indonesia could be on the political front: dealing swiftly and efficiently with the disaster will be an important test for the new president, Susilo Bambang Yudhoyono.
- Some form of debt relief will probably be part of the humanitarian response to the disaster. Indonesia could save as much as US$3.5bn in debt–service in 2005.