The World Bank (WB) expects stable growth for Indonesian economy, from 4.8% in 2015 to 5.5% in 2018, in line with the expected increase of public investment, improvement of investment climate, and state revenue growth. For 2016 and 2017, WB projects Indonesia’s gross domestic product (GDP) to grow by 5.1% and 5.3% respectively, mainly supported by rising private consumption, a relatively stable rupiah rate, fiscal support (including higher personal income tax threshold), and accelerating government spending.To subscribe please click here
