JAKARTA. Dec 31: Indonesia's economy, after experiencing a serious crisis in the past few years, now has been showing a positive sign of recovery with an estimated growth rate of 4 per cent in the year 2000, says Xinhua

The optimistic prediction was based on the number of rise of consumption goods imported for the country's middle class community.

Meanwhile, value of Indonesia's export has risen in October 1999 to 4 T 47 million US dollars or 2.13 per cent higher than September, while Import value in the same time was 2.028 million dollars or lower than September which reached to 2 127 million dollars.

In addition, the rising of

share prices with a 70 per cent gain on the JSX (Jakarta Stock Exchange), and the stabilisation of the rupiah at level of Rp 7.000 per dollai and the falling of benchmark interest rates to 12 per cent per annum have become evidence that Indonesia's macroeconomic conditions have been Improving.

The Indonesian government predicted that the country's economy In 2000 will grow by 2 to 3.5 per cent, with an Inflation rate between 4 and 6 per

Indonesia's gross domestic product contracted by 13.6 per cent In 1998 and posted an in llatlon of as high as 75 per cent, bringing the country's per capita Income to about 400 US dollars from a pre-crlsis level of over 1.000 US dollars.