Indonesia's Growth Can Reach 5.2% in 2017: World Bank

Suci Sedya Utami    •    22 Maret 2017 19:09 WIB
economic growth
Indonesia's Growth Can Reach 5.2% in 2017: World Bank
Illustration (Photo: Antara/Fakhri Hermansyah)

Metrotvnews.com, Jakarta: The World Bank has predicted that Indonesia's economic growth can reach 5.2 percent this year.

"GDP growth is forecast to rise to 5.2 percent in 2017," the World Bank said in a statement on Wednesday.

Higher real wages, stable currency rate and low unemployment rate will boost household consumption growth. Higher commodity prices, economic reforms and monetary easing effects will bolster private investment growth.

Indonesia should monitor United States monetary policy changes and Europe's political situation. The country should also maintain fiscal revenues and domestic inflation.

"Inflation is expected to rise to 4.3 percent in 2017," the World Bank stated.


(WAH)