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Airlangga Says Global Recession Will Not Significantly Affect Indonesia

Economics editor Arif Budianto/Kontributor
05/04/2023 17:26 WIB
Coordinating Minister for Economic Affairs Airlangga Hartarto stated that a global reccession would not significantly affect Indonesian economy.
Airlangga Says Global Recession Will Not Significantly Affect Indonesia. (Foto: MNC Media)
Airlangga Says Global Recession Will Not Significantly Affect Indonesia. (Foto: MNC Media)

Airlangga said these steps would also help Indonesia maintain positive economic growth at 5-6 percent and reduce the negative impact of inflation.

“According to various estimates, the world’s economic growth will slow down in 2023, so we must remain vigilant,” he said.

In the first quarter, CPI inflation was recorded to be falling to below 5 percent (yoy). Inflation in March was recorded at 4.97 percent (yoy), down from 5.47 percent (yoy) in February. 

"For this reason, the Government and Bank Indonesia are working together to implement new fiscal, monetary and real sector policies that are flexible, responsive and accommodative," he explained.


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