Indonesia central bank sees 2016 current account deficit at 2.6-2.7% of GDP
Published Thu, Dec 10, 2015 · 07:49 AM
[JAKARTA] Indonesia's current account deficit is expected to hit 2.6 to 2.7 per cent of gross domestic product next year, a central bank official said on Thursday.
"It is wider than the two per cent outlook this year because we expect recovery in economic growth, people would start to import," said Mirza Adityaswara, senior deputy governor of Bank Indonesia.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Central banks will probably only cut half as much as they hiked
US consumer sentiment falls as inflation expectations climb
HSBC wins £1.3 billion suit over Disney film finance scandal
WTO countries to reboot dispute reform negotiations
Fed’s preferred core inflation gauge rose at a brisk pace in March
Thames water crisis risks £100 billion UK investment plan