But the many steps we have taken have reversed the situation and established conditions for stabilization and a return to economic growth. We have launched and continue to implement an economic recovery program, designed not only to reverse the situation, but also to establish a stronger foundation for sustainable growth in the future.
Let me begin by giving you a brief description of some of the factors which demonstrate that progress has indeed been made and which, as a result, should allow you to make a more positive assessment of the Indonesian economy. First, the value of Indonesia’s currency, the rupiah, is the clearest indicator suggesting that the worst of the crisis is believed to be over.