The central bank (or Bank Indonesia (BI)) expects the economy to grow by more than 5% in the first quarter of 2016, on the back of government spending.┬áThe Government’s budget to spend in the retail sector covers 10-12% of the total budget spending for this year (APBN 2016). The acceleration of budget spending, coupled with the interest rate cut and the rupiah stability would support the country’s gross domestic product (GDP).To subscribe please click here