May 8, 2024

ADB forecasts Indonesia's GDP to expand by 5 pct in 2024, 2025

JAKARTA, April 26 (Xinhua) — Indonesia’s economy is expected to increase by 5 percent in 2024 and 2025, primarily coming from domestic private consumption and investment, according to Asian Development Bank (ADB) projections.

“The combination of strong private consumption, public infrastructure spending and increased investment will maintain gross domestic product growth rates,” said ADB Chief Economist Albert

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