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Indonesia to Prevent Impact of Global Economic Slowdown
Rapid monetary tightening in developed countries to curb inflation will result in the flight of foreign funds from the domestic market and push up domestic borrowing costs.
Minister of Finance Sri Mulyani in her statement after accompanying President Joko Widodo received a visit from the IMF delegation led by Managing Director Kristalina Georgieva on Sunday, July 17, 2022, at the Bogor Presidential Palace.
The global economic slowdown and the threat of recession in a number of countries will have an impact on Indonesia. The government has prepared a number of strategies to fortify the national economy.