Indonesia's Economy to Remain Robust

BI Governor Perry Warjiyo said Indonesia's growth was projected to remain strong in a range of 4.5-5.3 percent in 2023 and to increase to 4.7-5.5 percent in 2024.

KOMPAS/HERU SRI KUMORO

President Joko Widodo accompanied by Bank Indonesia Governor Perry Warjiyo (left) and Coordinating Minister for the Economy Airlangga Hartarto answered journalists' questions after attending the 2022 Bank Indonesia Annual Meeting in Jakarta, Wednesday (30/11/2022).

JAKARTA, KOMPAS – In the midst of the global economic slowdown, Bank Indonesia (BI) has projected that the Indonesian economy will continue to grow in 2023 and 2024, supported by consumption, investment, and exports. The nation’s monetary authority has also ensured that inflation will be controlled.

The national monetary overview was presented during the 2022 BI annual meeting in Jakarta on Wednesday (30/11/2022), themed "Synergy and Innovation Strengthens Resilience and Awakening Towards an Advanced Indonesia".