Global Economic Risks

Even though the domestic economic foundation is strong, Indonesia is reminded by the International Monetary Fund to be aware of global challenges and risks.

Those global challenges and risks are related to global economic growth, which could be lower than projected, due to the economic consolidation of major countries not going as well as expected (Kompas, 28/4).

We can see that even though the global situation is relatively conducive and the momentum of global economic recovery is showing signs of strengthening, the global economy is still faced with uncertainty. The direction of US policy and China’s economic slowdown are still dominant factors contributing to the uncertainty, aside from other factors, such as the global geopolitical situation.