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Indonesia's Q2 growth beats forecasts as government spending surges

Saturday, August 6, 2016 - 05:50

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IMPROVING OUTLOOK: Indonesia's GDP increased 5.18 per cent from a year earlier, compared with a revised 4.91 per cent in the first three months.

Jakarta

INDONESIA'S second-quarter growth beat expectations as President Joko Widodo's government embarked on a spending spree to boost an economy grappling with a slowdown in China and low commodity prices.

Gross domestic product (GDP) increased 5.18 per cent from a year earlier,

sentifi.com

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