Baca berita tanpa iklan. Gabung Kompas.com+
September 23, 2022, 06.17 PM

President Joko Widodo came to power in 2014 on a pledge to boost annual growth to seven percent.

Also readRenewable Energy Transition Requires $3.5 Trillion in Investment Per Year: Bank Indonesia

The commodities-driven economy has remained stuck around five percent, however, and has fallen below that after the onset of the coronavirus pandemic in early 2020.

The outlook for monetary policy is likely even more tightening as the government tries to get a greater handle on inflation, economists said.

“While a rate hike today was never in doubt, the size of the increase was,” said Gareth Leather, Asia economist from Capital Economics.

“With inflation set to jump sharply higher in September and remain well above target until late 2023, further tightening is likely.”

Source: Agence France-Presse

Dapatkan update berita pilihan dan breaking news setiap hari dari Kompas.com. Mari bergabung di Grup Telegram "Kompas.com News Update", caranya klik link https://t.me/kompascomupdate, kemudian join. Anda harus install aplikasi Telegram terlebih dulu di ponsel.

Page:
Source AFP


Recommendation
Comment wisely and responsibly. Comments are entirely the responsibility of the commentator as regulated in the ITE Law
Report
Thank You! We have received your report. We will remove comments that conflict with the Community Guidelines and the ITE Law.

More Headlines

News
April 14, 2023, 12.38 PM

Indonesia Detects New Covid Arcturus Variant

Baca berita tanpa iklan. Gabung Kompas.com+
Baca berita tanpa iklan. Gabung Kompas.com+

MOST POPULAR

Baca berita tanpa iklan. Gabung Kompas.com+
Baca berita tanpa iklan. Gabung Kompas.com+
Close Ads
Oke