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Indonesia posts 4.73% growth, misses target due to global slowdown

Monday, January 4, 2016 - 05:50

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Indonesia's budget deficit may have totalled 2.8 per cent of GDP in 2015, above the 1.9 per cent target. The government spent 1,810 trillion rupiah last year, while revenue was 1,491.5 trillion rupiah.

Jakarta

INDONESIA missed its target for economic growth in 2015 because of a global slowdown, according to the Finance Ministry, which reported initial estimates for a larger-than-expected budget deficit and an undershoot on inflation for the year.

The economy expanded 4.73 per

sentifi.com

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