The OECD expected domestic demand in Indonesia to recover in the second half, supported by easier financial conditions, contained inflation, and investments from Danantara, Indonesia’s newly established sovereign wealth fund.
Indonesia's economic projections at 5% this year are one of the highest among ASEAN and G20 countries amid the current global turmoil, according to Finance Minister Sri Mulyani Indrawati.
Indonesia probably enjoyed an economic growth rate of 5.15 percent last year, the fastest pace since 2013 and higher than the 5.07-percent rate in 2017, a recent poll forecasts.
