Indonesia’s economic growth dips below 5 percent
Indonesia’s economic growth continued to dwindle to reach only 4.7
percent in the second quarter of the year compared to the 4.95 percent
expansion in the first, said the Governor of Bank Indonesia (BI) Agus
Martowardojo.
Indonesia’s economic growth continued to dwindle to reach only 4.7
percent in the second quarter of the year compared to the 4.95 percent
expansion in the first, said the Governor of Bank Indonesia (BI) Agus
Martowardojo.
However, economic analysts were upbeat about the nation’s economy amelioration in the last six months, spurred by the Government’s priorities of public spending, investment and domestic consumption promotion.
In an effort to maintain an inflation rate range from -1 percent to 4 percent in 2015, BI is keeping rediscount rates at 7.5 percent, deposit interest rates at 5.5 percent and loan interest rates at 8 percent.-VNA
However, economic analysts were upbeat about the nation’s economy amelioration in the last six months, spurred by the Government’s priorities of public spending, investment and domestic consumption promotion.
In an effort to maintain an inflation rate range from -1 percent to 4 percent in 2015, BI is keeping rediscount rates at 7.5 percent, deposit interest rates at 5.5 percent and loan interest rates at 8 percent.-VNA
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