Indonesia has improved fiscal transparency; tax legislation has been substantially revised; tax administration is improving; legal and administrative measures have been adopted to improve public sector governance; and important steps have been taken to rationalize government banking arrangements....

This paper discusses key findings of the Financial Sector Assessment Program (FSAP) covering the transparency of monetary policy in the Republic of Indonesia. There is a reasonably high degree of transparency in Indonesia’s monetary policy, with much progress having been made over the last...