Jakarta, Sept. 20 -- The Indonesian government has prepared three scenarios for its national economic growth projection for the next five years to enhance its resilience to threats of global upheavals.
At a meeting on a draft plan of medium-term national development for 2020-2024 on September 19, Minister of National Development Planning Bambang Brodjonegoro mentioned threats of global upheavals, including the recession in Turkey and the US-China trade war.
The Indonesian government projects optimistic national economic growth of 6 percent, moderate growth of 5.7 percent and pessimistic growth of 5.4 percent.
Brodjonegoro noted that the government recommends the lowest growth target of 5.4 percent, as global conditions are unpredictable....