Kedutaan Besar Republik Indonesia
Ottawa
Embassy of the Republic of Indonesia
Ambassade de la RÉpublique d'Indonésie

RI Economy Grew 5.0-5.1 Percent

Indonesia’s economy grew between 5.0-5.1 percent in the third quarter from a year earlier, and the September trade balance was expected to show a small deficit, the country’s new finance minister said on Thursday.

Finance Minister Bambang Brodjonegoro told Reuters that exports had been hit by falling prices rather than volumes.

“The slowdown in China is more significant to us than normalization of the US,” he said.

The central bank has said it expects growth this year in the range of 5.1 to 5.5 percent, with third quarter growth at 5.2 percent.

Source : www.thejakartapost.com, Friday, 31 October 2014