IMF revises down Indonesia’s growth projection in 2022 World

IMF revises down Indonesia’s growth projection in 2022

The International Monetary Fund (IMF) has downgraded Indonesia's 2022 economic growth forecast to 5.6 percent in 2022, from 5.9 percent in its October report, due to the spread of the Omicron variant and slower global economic growth.
ADB lowers economic growth forecast for Cambodia World

ADB lowers economic growth forecast for Cambodia

The Asian Development Bank (ADB) on October 22 lowered Cambodia's economic growth forecast to 1.9 percent this year, down from its April projection of 4 percent, due to the prolonged COVID-19 pandemic.
Thailand’s economic growth forecast revised down World

Thailand’s economic growth forecast revised down

The Joint Standing Committee on Commerce, Industry, and Banking (JSCCIB) of Thailand has decided to lower the national economic growth forecast for the year to 0 - 1.5 percent from the earlier projection of 0.5 - 2.0 percent, due to a prolonged third wave of COVID-19 infections.
Indonesia lowers economic growth forecast for 2021 World

Indonesia lowers economic growth forecast for 2021

The Indonesian government has slashed the country’s growth projection in 2021 to 3.7 - 4.5 percent from the earlier prediction of 4.5-5.3 percent, given the serious impact of the latest wave of COVID-19 caused by the Delta variant and recent restrictions imposed in the two islands of Java and Bali.
Indonesia forecasts 8.3 percent growth in Q2 World

Indonesia forecasts 8.3 percent growth in Q2

Indonesian Finance Minister Sri Mulyani Indrawati said at a recent congressional hearing with the House of Representatives’ Commission XI that Indonesia’s economic growth is forecast to reach between 7.1 to 8.3 percent in the second quarter this year.​