Corrects to reflect the B35 rollout mechanism will be created next year, not the policy itself JAKARTA, Dec 6 (Reuters) – Indonesia expects headline inflation at the end of 2022 to be in a range of between 5.34% and 5.5%, a senior minister said on Tuesday. Speaking after a cabinet meeting, chief economics minister Airlangga Hartarto also […]
Read MoreIndonesia will possibly record economic growth of 4.5 – 5.3% in 2023 and 4.7 – 5.5% in 2024, according to Governor of Bank Indonesia Perry Warjiyo. Jakarta (VNA) – Indonesia will possibly record economic growth of 4.5 – 5.3% in 2023 and 4.7 – 5.5% in 2024, according to Governor of Bank Indonesia Perry Warjiyo. Growth drivers will include such […]
Read MoreTEMPO.CO, Jakarta – Bank Indonesia governor Perry Warjiyo in the central bank’s annual meeting on Wednesday said there are at least five risks that must be watched out for amidst the global economic turmoil, including stagflation and reflation. He mentioned the war between Russia and Ukraine as one of the factors that contributed to the global economic dynamics, […]
Read MoreINDONESIA is setting out its plans and concept for the digital rupiah, a blockchain-based currency, starting with transactions between local banks. The so-called “Project Garuda” — named after the mythical bird — is Bank Indonesia’s attempt at experimenting with central bank digital currencies (CBDC) to safeguard its position as the sole authority issuing legal tender […]
Read MoreEAEU is a region which has a strong economy and large market potential in north Eurasia, and Indonesia sees EAEU as an important trade partner. Jakarta (ANTARA) – Indonesia and the Eurasian Economic Union (EAEU) have agreed to negotiate an Indonesia-Eurasian Economic Union Free Trade Agreement (I-EAEU FTA). “EAEU is a region which has a strong economy and large […]
Read MoreTEMPO.CO, Jakarta – Indonesia’s exports of steel products have increased rapidly in the last five years. Last year, steel goods exports increased to 5.2 million tons from 1.3 million tons in 2017, with production volume increasing from 7.9 to 14 million tons in the same period, said I Gusti Putu Suryawirawan, special staff to the Coordinating Minister for […]
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