Jakarta, Feb. 1 -- The Ministry of National Development Planning/National Development Planning Agency (Bappenas) projected that Indonesia's economy in 2024 would grow better than in 2023 despite the trend of slowdown in the global economy.

"Several international agencies have stated that Indonesia's economy, amidst the ongoing global economic slowdown, is projected to grow stronger than in 2023," the ministry's Deputy of Economic Affairs, Amalia Adininggar Widyasanti, stated during the 2023 Indonesia Economic Report's launch agenda here, Wednesday (January 31).

The Indonesian government targets the national economy in 2024 to grow by 5.3 percent, higher than the 2023 economic growth projection set at 5.1 percent.

She affirmed that Indo...