Indonesia's finance minister says GDP to grow 5.2-5.7% this year

[JAKARTA] Indonesia's gross domestic product is likely to grow by between 5.2 to 5.7 per cent in 2015, Finance Minister Bambang Brojonegoro told a conference on Wednesday.

Mr Brojonegoro said that slower growth in China would hinder the economy this year, and that government spending has been weaker than expected.

The official target for growth this year is 5.7 per cent. Last year, Southeast Asia's largest economy grew 5.02 per cent, the slowest pace in five years, amid tumbling prices for coal and other commodities.

REUTERS