Indonesia maintains 2014 GDP outlook despite fuel price hike
Published Tue, Nov 18, 2014 · 09:34 AM
[JAKARTA] Indonesia's finance ministry on Tuesday maintained its estimate of 5.1 per cent growth in gross domestic product for this year, indicating minimal impact from a fuel price hike on Southeast Asia's biggest economy.
GDP growth for next year was forecast at 5.8 per cent, Finance Minister Bambang Brodjonegoro told reporters.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Fed officials mull if rates are high enough as inflation expectations jump
US bill to restrict WuXi AppTec, Chinese biotechs revised to give more time to cut ties
UN General Assembly backs Palestinian bid for membership
US chip workers are likely to quit jobs, worsening labour shortage
India's industrial output up 4.9% year-on-year in March
Pandemic treaty talks end without agreed text, next step up for debate