In­done­sian bank up­beat over growth

China Daily (Hong Kong) - - BUSINESS -

The Cen­tral Bank of In­done­sia is op­ti­mistic that the coun­try’s econ­omy will ac­cel­er­ate at a faster pace this year, a top of­fi­cial of the lender said on Wed­nes­day. Gover­nor of the Cen­tral Bank Agus Mar­to­war­dojo said he is con­fi­dent that South­east Asia’s big­gest econ­omy will ex­pand be­tween 5 and 5.4 per­cent this year. That com­pares with 5.02 per­cent gross do­mes­tic prod­uct growth last year, ac­cord­ing to the na­tional sta­tis­tics bureau. Mar­to­war­dojo said the lender fore­casts the coun­try’s econ­omy will grow more than 5.2 per­cent at the third and fourth quar­ter of this year af­ter ex­pand­ing steadily at 5.01 per­cent in the first and sec­ond quar­ters.

Newspapers in English

Newspapers from China

© PressReader. All rights reserved.