Indonesia Expects 5.4% Growth
Indonesia Expects 5.4% Growth

Indonesia Expects 5.4% Growth

Indonesia Expects 5.4% Growth

Indonesian Minister of National Development Planning Bambang Brodjonegoro says the country’s economic growth rate will reach 5.4% in 2017, higher than the Asian Development Bank’s forecast of 5.1%, VNA reported. More economic activities will be carried out in the second half than in the first half, he said on September 26, adding that there is still hope to achieve an economic growth rate of above 5.1%. In its economic publication of the Asian Development Outlook 2017, the ADB, based in Manila, the Philippines, has projected the Indonesian economy has the potential to grow at 5.1% in 2017 and 5.3% in 2018. The latest publication has also forecast the government’s spending will be able to support the economic growth in the second half of 2017. The Indonesian government has set the target of economic growth rate for 2017 at 5.17%, falling slightly from the assumption of 5.2% in the revised state budget.


Short URL : https://goo.gl/LKa419
  1. https://goo.gl/Va2Nkz
  • https://goo.gl/ZvmP2x
  • https://goo.gl/5FhNHf
  • https://goo.gl/UXw4Bh
  • https://goo.gl/oHwHa5

You can also read ...

Even though the US tariffs on their own may have a limited impact, global economic growth will slow should US trigger a trade war with  China or the European Union.
The volume of global trade grew faster than the world economy...
Since China’s entry into the World Trade Organization in 2001, it has become the most formidable  economic competitor the United States had even seen.
The US national debt exceeded $21 trillion for the first time...
S. Arabia Among World’s Worst Performing Property Markets
Saudi Arabia’s real estate market continued to be one of the...
OECD Finds No Consensus on Interim E-Commerce Taxes
The Organization for Economic Cooperation and Development’s...
Merkel Says Trying to Boost Domestic Demand
Germany is trying to stimulate domestic demand to offset...
Greece Looking Economically Vibrant on Road to Recovery
It’s nearly springtime in Athens: street trees are heavy with...
Gaza growth fell from 8% in 2016  to a mere 0.5% in 2017.
Gaza has seen conditions steadily deteriorate over the last...
2 Japan Airlines Plan Merger
Japanese airline group ANA Holdings has decided to consolidate...

Add new comment

Read our comment policy before posting your viewpoints