The IMF projects global economic growth to reach 2.9 percent this year, higher than the previous estimate of 2.7 percent, which was stated in the October 2022 edition of the World Economic Outlook report.

Indonesia's economic recovery continues with inflation under control. Even with rising global risks, the economic recovery is likely to continue. High economic growth can still be achieved.

Several international institutions, such as the Organization for Economic Cooperation and Development, the International Monetary Fund and the World Bank have lowered their forecast on global economic growth.