Indonesia tries to balance growth and inflation - OBG

Indonesia tries to balance growth and inflation

With economic growth slowing, inflation rising and the currency weakening, Indonesia faces some tough macroeconomic challenges. However, the government has responded to the situation with variety of monetary and fiscal policy tools, including raising interest rates while at the same time rolling out fiscal stimulus measures.
On August 2 the Central Statistics Agency (BPS) issued GDP figures for the second quarter showing the economy had expanded by its slowest rate since the third quarter of 2010. Year-on-year growth in the second quarter eased to 5.81%, ... Read more.

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