Indonesian economy has accelerated since the second half of last year, but the trend might change as many expect the country’s economy to again slowdown in the second half of this year. The Finance Ministry projects the gross domestic product (GDP) to reach 5-5.1% by end of this year, slower growth compared to 5.18% GDP growth in the second quarter of 2016. The main problem is that the government’s consumption only grew by 3%, far lower than the target of 5.5%. Private investment, mainly by foreign investors, also remains low as the global economy is still on a downturn.

To subscribe please click here