You are here

Weakest growth in 5 years makes Joko's job harder

President has few options to stimulate Indonesian economy

BT_20141106_INDON6_1353646.jpg
To free up funds for public investment in infrastructure, Jokowi plans to slash subsidies by raising retail fuel prices

Jakarta

INDONESIA's gross domestic product grew 5.01 per cent in the third quarter from a year earlier, its slowest in five years, highlighting the challenge that new President Joko Widodo, popularly known as Jokowi, faces trying to turn around Southeast Asia's largest economy.

Mr

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom