Jakarta, April 25 -- Indonesian Finance Minister Sri Mulyani Indrawati has expressed confidence that the country's economy will grow by up to 5% in 2025, despite the International Monetary Fund (IMF) having revised down its growth forecast for Indonesia to 4.7%.
As reported by the daily online English-language newspaper Jakarta Globe, speaking after the second quarterly meeting of the Financial System Stability Committee (KSSK), the minister said the IMF's latest projection was below its previous one of 5.1%. She noted the downward revision is milder compared to other trade-dependent countries like Thailand, Vietnam, and the Philippines.
To address risks, she said the government is strengthening its domestic economic foundation through ...
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