Indonesia Remains Upbeat Despite Impending Global Recession
- Indonesian government remains optimistic that next year’s economic growth will reach 5.3 percent, despite an impending global recession.
- Many global financial institutions do not share the same sentiment, as they keep revising Indonesia’s growth projection, albeit insignificant. It is still within the 4.7-5.3 percent range.
- Indonesia is considered more than capable of dealing with a global economic crisis.