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Indonesia to speed up spending, deploy policy mix to revive growth

Tax revenue collection falls short of govt target amid weak oil prices

Published Wed, May 6, 2015 · 09:50 PM

Jakarta

INDONESIA will take coordinated action to revive growth after the worst slowdown since 2009, pledging on Wednesday to speed up government spending and prepare a mix of monetary policy changes.

The economic offensive comes a day after data showed that South-east Asia's largest economy grew at a slower-than-expected pace of 4.71 per cent in the January-March quarter. The slowdown was mainly due to a collapse in commodities prices and weak government spending.

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International

International

Indonesia to speed up spending, deploy policy mix to revive growth

International

When US diplomats visit China, meal choices are about more than taste buds

Laid-back vibe, stunning beaches, rich cuisine and low cost of living lure more expat retirees to Malaysia

Vietnam tycoon appeals against US$27 billion fraud death sentence

US announces new restrictions on firearm exports

Central banks will probably only cut half as much as they hiked

US consumer sentiment falls as inflation expectations climb

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