BI lowers Indonesia GDP forecast for 2015 and 2016
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[JAKARTA] Bank Indonesia expects economic growth this year to slow to 4.7-5.1 per cent from its previous estimate of 5-5.4 per cent, central bank governor Agus Martowardojo said on Tuesday.
The central bank also lowered its GDP forecast for next year to 5.3-5.7 percent from 5.4-5.8 percent previously.
Southeast Asia's largest economy expanded 4.67 per cent in the second quarter from a year earlier, the slowest since 2009.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
