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Election spending props up Indonesia's GDP Q1 growth despite central bank tightening
Published Fri, May 3, 2019 · 09:50 PM
Jakarta
ELECTION spending likely helped Indonesia maintain steady economic growth in the first quarter of 2019, a Reuters poll showed on Friday, despite central bank tightening and weak foreign investment.
The median forecast from 14 analysts in the poll was for South-east Asia's largest economy to have expanded at 5.18 per cent in January-March on a year-on-year basis, broadly in line with growth in the previous quarter.
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