'No decision on leaving IMF'

'No decision on leaving IMF'

Dow Jones, New York

The deputy governor of Bank Indonesia said on Tuesday the country
has not yet decided whether it will graduate from the
International Monetary Fund's financial shelter.

"The decision's not been made," said Miranda Goeltom. But, she
said, authorities are considering what conditions would be
necessary before such a step could be taken.

"From Bank Indonesia's outlook, no oil price crash below US$12
a barrel and no major political disruptions" would be necessary.
All politicians involved in such a move would also have to be on
board, she told an audience at an Asia Society conference.

"It has everything to do with perceptions," she added. "We
have to be able to convince the market that whatever policy
framework is on the table is consistently deliverable."

The country's balance of payments outlook is "still okay," she
noted, adding that it would be "affordable to refinance through
the Paris Club" of lenders, a grouping of creditor nations.

The government has been facing strong political pressure not
to continue the existing IMF program when it expires end of this
year.