Tue, 21-Oct-2025

Indonesia’s economy to grow by 5.2% in 2022: World Bank

World Bank

JAKARTA: The World Bank has estimated that Indonesia’s economy would grow by 3.7 per cent in 2021 and by 5.2 per cent in 2022, if there would be no other severe waves of Covid-19 and the country’s vaccination rate continues to be high. The World Bank sees Indonesia’s economy continuing to recover with various sources … Read more

Indonesian growth boosted by strong exports in third quarter

JAKARTA: Indonesia’s economy expanded again in the third quarter, official data showed on Friday, thanks to a pick-up in exports but the rate slowed from the previous three months as the pandemic continued to take its toll. Southeast Asia’s biggest economy grew 3.51 per cent on-year in July-September, the Central Statistics Agency (BPS) said, though that … Read more