Despite a higher than expected growth in GDP of 4 per cent in 2003, Indonesia is still at the bottom of the list of Asia’s former crisis countries. The growth, just as in previous years, has been fuelled mainly by consumption. The country’s corporate sector is still burdened by heavy debt. The investment climate is deteriorating due to red tape, corruption, increases in legal minimum wages, some excessive regional government taxation, a potential power crisis, and a weak legal system.