Indonesia might grow 5.2% this year but will be a 'little tough': Finance minister
[JAKARTA] Indonesian Finance Minister Sri Mulyani Indrawati said the country might be able to grow 5.2 per cent this year but it will be "a little bit tough".
The country's growth, which fell below 5 per cent last year, may have touched bottom, the minister told Reuters on Friday in her first interview with foreign media.
In the April-June quarter, Indonesia had better-than-expected annual growth of 5.18 per cent. In the first quarter, the pace was 4.92 per cent.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
UK pay settlements edge lower in first quarter: industry survey
Trump jury told how publisher buried negative press
Sunak says UK to raise defence spending amid global threats
China’s central bank hints it may add treasury bond trades to policy toolkit
US business activity cools in April; inflation measures mixed
India’s inflation at risk from extreme weather, geopolitical issues: central bank