Page 5 – ASEAN Economic Community Strategy Center

Indonesia: Govt, House agree on economic assumptions with growth at 5.2-5.5 percent

The House of Representatives and the government have agreed on a set of macroeconomic assumptions that will form the basis for the 2020 state budget. The agreement projects accelerating gross domestic product (GDP) growth. “Economic growth was agreed at 5.2 to 5.5 percent,” said Golkar Pary lawmaker John Kenedy Aziz when reading out a report of […]

Indonesia: Consumers less upbeat about the economy in next six months

Bank Indonesia’s (BI) latest assessment on the country’s consumer confidence revealed that domestic consumers have a largely optimistic outlook on the present economic situation, although they are less upbeat in their expectations for the next six months. The consumer confidence index (IKK) was down to 126.4 in June from 128.2 in the previous month as […]

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Indonesia: Govt, House agree on economic assumptions with growth at 5.2-5.5 percent

Indonesia: Consumers less upbeat about the economy in next six months