Economy of Indonesia the Republic of Indonesia), a currency issued by the Republican Government which was the predecessor of Rupiah. Despite so, currency issued during the Japanese occupation and by Dutch authorities were still in circulation, and simplicity of the ORI made its counterfeiting straightforward, worsening matters. Once the nation's independence has been recognised by the Netherlands on December 1949, the next 10 years saw the devaluation of Dutch banknotes into half their value ("Gunting Sjafruddin"), dissolution of the United States of Indonesia in 1950, and during the liberal democracy period the nationalization of "De Javasche Bank" into modern Bank Indonesia and the
Indonesia National Science Olympiad Indonesia National Science Olympiad The Indonesian National Science Olympiad (Indonesian: "Olimpiade Sains Nasional") is a science competition for Indonesian students held by the Indonesian Ministry of Education and Culture. This Olympiad consists some competitions for elementary school (SD) students, junior high school (SMP) students, and senior high school (SMA) students. The competition pits students from the thirty-four provinces of Indonesia, and winners of the competition are further selected to represent Indonesia in their respective subjects' International Science Olympiad. In addition, Indonesian public universities are required to accept medal-winners of the competition into their undergraduate programmes. It was initiated in 2002