Jakarta, June 24 -- Indonesia's economy remains resilient amid global uncertainties, according to World Bank Country Director for Indonesia and Timor-Leste Carolyn Turk.

Speaking at the launch of the Indonesia Economic Prospects June 2025 edition on June 23 in Jakarta, Turk noted that Indonesia's gross domestic product (GDP) expanded 4.9% in the first quarter of 2025 compared to the same period last year.

Turk attributed this performance to Indonesia's strong macro-economic fundamentals, such as low inflation, ample financial reserves, and consistent fiscal discipline. Indonesia's current economic performance reflects strong foundations and prudent policy responses, she stated.

The World Bank projects Indonesia's economy will expand at...