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Guarding 2018 Growth

Based on this condition, economic observers are generally optimistic that 2018 will be better despite a number of external threats

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· 3 minutes read
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Finance Minister Sri Mulyani Indrawati (left) chats with Bank Mandiri president director Kartika Wirjoatmodjo at the opening of the Mandiri Investment Forum 2018 in Jakarta, Wednesday (7/2). The event – themed "Reform and Growth in the Political Years" – was held to promote investment opportunities, including in the manufacturing sector, and dispel concern related to a series of political events in the country starting this year.

Mainly as a result of weaker public consumption, the national economy grew only 5.07 percent in 2017, below the government target of 5.2 percent.

Ironically, the stagnant growth happened amid the relatively stable macroeconomic condition and improving global perception of the Indonesian economy. The latest International Monetary Fund (IMF) report also praised the general performance of the national economy.

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