The IMF pointed to reforming pensions, health care, and state-owned enterprises, improving tax compliance and budget practices, dealing with potential problem banks, improving labor flexibility, and streamlining business regulation.

FORBES: The Triumph Of Good Economics: 'Austere' Baltic States Outgrow Their European Neighbors

State Enterprises Minister Laksamana Sukardi, in charge of reforming the state-owned sector, is a former banker who joined Vice President Megawati Sukarnoputri's Indonesian Democratic Party of Struggle (PDI-P) in the early 1990s, when it was hardly politically expedient to do so.

CNN: Securing His Place