Indonesia’s economy grew a faster-than-expected 5.18 percent in the second quarter from a year earlier, thanks to higher commodity prices and stronger consumption. On Friday, the statistics bureau said Indonesia’s gross domestic product expanded 5.18 percent in the second quarter. … Continue reading →
Indonesia’s economy likely expanded only slightly faster in the second quarter than the first, a Reuters poll showed, highlighting challenges policymakers face getting the resource-dependent country onto a faster growth track. The median forecast of 16 analysts in the poll … Continue reading →
The central Bank of Indonesia has said that Indonesia’s economy will continuously improve, along with the stability of the economy, the continuation of fiscal stimulus, and the implementation of structural reforms. “In the medium-term, Indonesias economic growth will be higher, … Continue reading →
In recent years the Indonesian government has been eager to cut energy subsidies and redirect these funds to the government’s infrastructure budget. In the 2016 State Budget a record high IDR 313 trillion (approx. USD $24 billion) was allocated to … Continue reading →