the mineral industry of indonesia 1998 12 1 i ndonesia by pui kwan tse in continued to endure its economic turmoil which began july 1997 response deteriorating financial crisis government requested assistance from international monetary fund imf on an reform program october agreement stabilization package between indonesian and was revised january april june macroeconomic conditions covered entire range challenges facing including fiscal policies structural deregulation corporate debt banking restoration trade financing promote exports past decade growth export sector had been a leading factor for development 1988 value increased nearly three fold with decline domestic demand strong performance essential s recovery depreciation rupiah should increase competitiveness neighboring countries petroleum natural gas minerals accounted roughly 20 couple years