Tuesday, 02 January 2024 12:17 GMT

Indonesia's economy to grow over 5 percent in 2015


(MENAFN) Indonesia's economic growth in 2015 could still reach a mark over 5 percent, although in the first quarter of the year, it grew by only 4.7 percent, Saudi Gazette reported.

Economic observers are certain that infrastructure development projects will be expedited to ensure that economic growth reaches 5.3 percent by the end of the current year.

The relatively low economic growth in the first quarter of the current year was attributed to people low purchasing power because they still felt the presence of uncertainties.

"The economic growth target will remain the same at 5.4 to 5.6 percent," Governor of BI Agus Martowardojo said at the Asia Summit of the Institute of International Finance.


MENAFN

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