Indonesia remains on course to achieve its projected economic expansion for the year, despite recent waves of public demonstrations and civil disturbances. The country’s coordinating minister for economic affairs, Airlangga Hartarto, affirmed on Monday that growth is expected to fall within the 5% to 5.2% range. He emphasized that ongoing government stimulus measures will help sustain momentum in the economy. Hartarto called on private enterprises and foreign investors to maintain confidence, stressing that the nation’s economic fundamentals remain resilient even amid social challenges.
— news from Bloomberg.com
— News Original —
Indonesia Sees Limited Economic Fallout From Recent Protests
Indonesia is able to hit its annual growth target despite recent protests and riots, as the government pledges to continue its stimulus spending policy, according to the chief economy minister. n n“Our economic growth is still on a positive track,” Coordinating Minister for Economic Affairs Airlangga Hartarto said on Monday, reiterating an estimated growth range of 5%-5.2% this year. He also urged businesses and investors to stay calm and optimistic.