Indonesian economy gains speed in Q4 with 5.04% growth
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Jakarta
INDONESIA's economy picked up speed in the fourth quarter thanks to higher public spending, suggesting that President Joko Widodo is finally starting to unclog much needed infrastructure investment and spur growth in the year ahead.
South-east Asia's largest economy grew 5.04 per cent in October-December from a year earlier, supported by government spending, gross domestic product (GDP) data from the statistics bureau showed on Friday.
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